MinterEllison is Advising LandCorp on the Construction and Operation of Australia's First Ever Industrial Renewable Energy Microgrid
September, 2019 - Australia
Peel Business Park, the catalyst for the Transform Peel program, will be a 1,000-hectare estate and the new home of agri-innovation in Western Australia.
In addition to creating a large number of jobs, it is predicted that the microgrid will offer businesses in the Peel Business Park an energy cost saving of around 30 percent.
"Our client, LandCorp, saw to the potential to offer cheaper and greener power to the new businesses moving to the industrial park," said Lee Rossetto, MinterEllison Partner.
MinterEllison advised LandCorp on all aspects of the competitive procurement process and the negotiation of a long term agreement with the winning consortium for the construction and operation of the microgrid. "In the process. our specialist multi-disciplinary team advised on complex regulatory and novel land tenure arrangements, said Mr Rossetto.
"The McGowan Government's vision for the Peel Business Park is a place where business, industry, training, research and development come together, invigorating the Peel region and creating jobs that cannot be achieved without providing a secure and affordable power supply," said Lands Minister Ben Wyatt. "In planning the microgrid project, it has been estimated that the renewable energy mix will help reduce power usage costs to business by around 30 per cent off regulated bundled energy tariffs."
The MinterEllison team was led by Lee Rossetto (Partner) and Matthew Knox (Partner). They were supported by Nada Raphael (Partner), Adam Lippiatt (Special Counsel), Sandra Eckert (Consultant).
