Assisting Portfolio Expansion
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One of Australia’s leading wind farm development companies expands its portfolio with help from Baker & McKenzie.
Applying cross-disciplinary fluency, we advised Origin Energy in its acquisition of Wind Power Pty Ltd. Wind Power is one of Australia's leading wind farm development companies and is the owner of a portfolio of high-quality wind farm development sites in Victoria. The acquisition significantly increases Origin's wind development portfolio.
Commenting on the transaction, Andrew Beatty said, "This is a key deal in the sector and comes at an important time in the development of Australia's response to the challenge of climate change. As a result of the deal, Origin has greatly increased its portfolio of renewable energy options, which will help it both to meet its obligations under the expanded National Renewable Energy Target and satisfy increasing consumer demand for green power. We were proud to be involved in this deal. Working together, across practices, to deliver a great result for Origin helps us to build on our own reputation as a market leader in the area."