Baker McKenzie today announced it had advised Metis Energy Limited (Metis) on the acquisition of a 111MW utility-scale Solar Farm development project in Queensland.
The proposed transaction is expected to be completed by the end of December 2022.
Metis is listed on the SGX and this acquisition will set the foundation for its growth in Australia and provide the platform and catalyst to expand its renewable energy business in Australia and South East Asia.
Baker McKenzie partner Raymond Lou commented: “Metis aims to be amongst the first movers to pursue the green energy business in Asia and Australia and to become a leading renewable energy company. We know that this acquisition is an important step to accelerate Metis’s growth, and Baker McKenzie is proud to be assisting Metis with their strategy to become a major renewable developer and operator in Asia. We are already on to the next project.”
Baker McKenzie in Australia is working closely with its Singapore office to assist Metis with its ambitions in Australia and Asia.
The Baker McKenzie team was led by Raymond Lou and Aylin Cunsolo, and supported by broader projects team including David Cooper, Ruth Dawes, Macy Jong, Angus Kingston, Samuel Allam, Aimi Tran, and Dean Bao.