Baker McKenzie has successfully acted for RATCH-Australia, as lead transaction counsel in relation to the majority stake acquisition of Yandin Wind Farm from Alinta Energy located near the town of Dandaragan, around 175 km north of Perth in Western Australia.
Baker McKenzie lead partner and Co-Head of Global Renewable Energy, Paul Curnow stated: "We were delighted to act for our client, RATCH-Australia, an independent power producer with a portfolio of more than 1 GW of Australian power generation assets in operation or under construction. The Yandin Wind Farm will be Western Australia's biggest wind farm comprising of 51 of Vestas' industry-leading 4.2 MW turbines that will connect to Western Power's 330 kV transmission network via a new 10 km transmission line and terminal station that will be built, owned and operated by Western Power."
Baker McKenzie co-lead partner on the transaction, Kate Jefferson, stated: "This was a large, complex transaction which will significantly enhance Western Australia's supply of cleaner and more affordable renewable energy."
Both Paul and Kate were assisted by a Baker McKenzie team comprising: Lev Gantly, Eve Gallagher, Eric Li, Aylin Cunsolo, Alistair Green and Declan O'Donahue.
RATCH-Australia is owned by a major Thai power generation company, RATCH Group. RATCH Group is a company incorporated in Thailand, founded in 2000, and listed on the Stock Exchange of Thailand with a market capitalisation equivalent to c.$2 billion and S&P credit rating of BBB+. It is a leading Thai power generation company with a total capacity of 8,015 MW.