KWM advises on project financing of the 135MW Crudine Ridge Wind Farm

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King & Wood Mallesons (KWM) has advised the Clean Energy Finance Corporation, Westpac Banking Corporation and Sumitomo Mitsui Banking Corporation on the $113 million debt facility to design, construct and operate the 135 MW Crudine Ridge Wind Farm near Mudgee in NSW.

The Crudine Ridge Wind Farm is being developed by CWP Renewables (CWP) and Partners Group (PG) under their new Grassroots Renewable Energy Platform and has a partial Power Purchase Agreement with Meridian Energy. GE and Zenviron will construct the project installing 37 GE 3.63 MW wind turbine generators.

The KWM team was led by Claire Rogers, with support from Senior Associate Chris Allfrey and solicitors Priscilla Hejtmanek and Sam Purcell.

Commenting on the matter, Claire Rogers said: "We are pleased to have supported the financiers in providing debt funding for the Crudine Ridge Wind Farm and their continuing investment in critical renewable energy infrastructure across Australia."

KWM also acted for financiers on the financing of the Sapphire Wind Farm project in NSW in 2016 developed by CWP and PG in partnership which is due for completion later this year.