Gilbert + Tobin have acted for Veolia Water Australia Pty Ltd and Infrastructure Capital Group in relation to their successful bid to build, finance and operate a water treatment plant for the Springvale Mine and Mt Piper Power Station, located near Lithgow in NSW.
The water treatment plant will improve the environmental outcome of the Centennial Coal and SK KORES owned mine, and is vital to the future operations of EnergyAustralia’s Mt Piper Power Station which can supply up to15 per cent of New South Wales’ electricity demand.
A key piece of regional infrastructure, the plant will see the construction of a pipeline to divert water discharged from the Springvale Mine away from the Coxs River and avoid mine water being released into Sydney’s drinking water catchment.
The G+T team provided a broad range of expertise across a number of different practice groups regarding project documents, construction arrangements, project financing, due diligence, insurance arrangements and the Foreign Investment Review Board (FIRB) requirements of this multi-faceted transaction.
“We are delighted to have assisted Veolia and ICG with this successful structured infrastructure transaction. The construction and operation of the water treatment facility ensures reliable baseload power supply for New South Wales, and will also deliver positive benefits for the environment and the quality of Sydney’s drinking water,” said Banking + Infrastructure Partner Alexander Danne.
Alexander Danne led the transaction, along with partners from a range of practice groups, including Amanda Hempel, Deborah Johns, Alex Kauye and Andrew Floro. The team was supported by Senior Construction Counsel, Penny Swain, Special Counsel Ben Fuller and Lawyers Daniel Yim, Sachini Mandawala, Colby List, Lindsay Crawford, James Marburg, Andrew Kourpanidis, Nick Madders, Alastair McDonald, Julia Scott, Jo Bayes, Rob Sinni, Ghassan Kassisieh and Tanja Mikulic.