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Media Release: Clayton Utz advises Squadron Energy on the financing for the Uungula Wind Farm project
1 minute
Clayton Utz has supported Squadron Energy, a portfolio company of Tattarang, on its successful construction financing of the Uungula Wind Farm — the largest wind farm being built in New South Wales.
The wind farm will be built in the Central-West Orana Renewable Energy Zone and will boost the local economy, creating over 260 jobs and bringing approximately $40 million into region Australia.
Once operational the 69-turbine Uungula Wind Farm will have a capacity of 414MW and prevent over 560,000 tonnes of carbon emissions every year.
Clayton Utz team members included Partner Kate Casellas, who led the firm's team working alongside Lawyers James Allen and Ally Clark.
The Clayton Utz team has provided ongoing support to Squadron Energy on its portfolio financing arrangements which is the largest renewable portfolio financing in Australia.
Commenting on the deal, Kate Casellas said:
It was a pleasure to work with Squadron Energy on the construction financing for the Uungula Wind Farm, a meaningful project that supports the energy transition and Australia's local economy. We're excited to see the impact they continue to have on the future of renewable energy in Australia and we look forward to continuing to work with Squadron in future.
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Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.