A Darwin based HWL Ebsworth team has advised Epuron on a major desert solar power project.
Located near Uluru, the Ayers Rock Resort is expected to use Epuron’s 1.8MW solar power project for up to 30 per cent of its daytime power needs, reducing the need for traditional fossil fuels which are transported to the remote location by road.
“There continues to be significant interest in alternative power generation in the Northern Territory because conditions are so supportive of them,” lead partner on the deal Tony Morgan told Australasian Lawyer.
“Demand is difficult to gauge over the short term but anecdotally developers of significant projects are leaning substantially more toward having a major clean energy power source in their developments.”
The two-phase construction and commissioning, then operational project required advising on all legal due diligence and financing as well as all construction and leasing agreements.
“The transaction is a first for significant solar power generation in the Northern Territory in an iconic destination,” said Morgan.
“The project delivery model required some adaptations to meet unique stakeholder demands reflected in both the destination and related geographic constraints.
“This project firmly puts our Darwin team on the map as capable service providers in this space and in a place where the sky is the limit.”
The transaction included Voyages Indigenous Tourism, as owner and principal, which is wholly owned by Indigenous Land Corporation.