10/10/2024

G+T is pleased to have advised Aula Energy on the acquisition of Argoon Wind Farm, located in the South West Renewable Energy Zone in New South Wales. Argoon Wind Farm is in its pre-construction phase and is proposed to have capacity of up to 763MW of wind energy comprising of up to 106 wind turbines. 

G+T negotiated the sale and development documentation with Aula Energy and provided strategic advice on all matters relating to the transaction and project. G+T conducted due diligence on project and transaction documents, providing Aula Energy with the assurances required to confidently proceed with the acquisition. 

Argoon Wind Farm will form part of Aula Energy’s rapidly growing portfolio of Australian Wind farm assets. Established by Macquarie in 2023, Aula Energy is an Australian-headquartered renewable energy business dedicated to developing, building and operating onshore renewable energy projects across Australia. 

With this transaction, G+T continues to demonstrate its leadership in the renewable energy sector, particularly in relation to greenfield project investment and development.

Senior energy and infrastructure partners Christopher Flynn and Alexander Danne co-led the M&A and Development work respectively for G+T, and were supported by lawyers Callum Fleming and Sophie Pinkus.

Partner, Alexander Danne, said: “We are incredibly pleased to be assisting the Aula Energy team in the early stages of their exciting journey contributing to, and investing in, Australia’s critical energy transition".  

Partner, Christopher Flynn, said “The structured investment and sale process navigates complex FIRB, staged development and project structuring issues, and provides a strong platform for Aula Energy to continue its exciting work in the onshore renewables sector".

G+T wish Aula Energy and their partners at RES Australia all the best with the Argoon Wind Farm project development.

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