PRESS RELEASE: 2 August 2017
BayWa r.e. has successfully closed the sale of the 20 MW Hughenden Solar Project to Lighthouse Infrastructure and was appointed as EPC contractor and O&M contractor. Powercor/BEON was appointed as Sub EPC contractor.
Pegasus Legal would like to congratulate Isabella Pütz and Daniel Gäfke and the entire team at BayWa r.e., spread across Australia, Bangkok and Germany on the closing of BayWa r.e.’s first transaction in Australia.
Pegasus Legal advised BayWa r.e. in relation to the EPC Contract and the O&M Contract between Lighthouse and BayWa r.e. and the Sub EPC Contract between BayWa r.e. and Powercor/BEON. Baker & Mackenzie advised BayWa r.e. in relation to the sale process. Herbert Smith Freehills advised Lighthouse Infrastructure.
About BayWa r.e.
BayWa r.e. is a leading global renewable energy developer, wholesaler and energy solutions provider. With offices in Melbourne and Perth, the company is active in wind and solar project development and solar PV wholesale trading. With a long history of developing projects worldwide, combined with financial strength and strong banking and investor relationships, BayWa r.e. is able to bring projects forward and improve their performance.
About Pegasus Legal
Pegasus is a boutique legal practice focusing on complex energy and infrastructure projects. It has an outstanding reputation in the renewable energy sector, with a particular focus on solar and battery installations. Pegasus has assisted investor and contractor clients in delivering renewable energy assets in Australia and in over 20 other countries across the world
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