Vena Energy secures green loan for Kasama solar project energyglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energyglobal.com Daily Mail and Mail on Sunday newspapers.
The project will be capable of producing up to 365 GWh of energy annually, or the equivalent of supplying clean renewable energy to approximately 60 000 average-sized Australian households.
Vena Energy, a leading renewable energy company in Asia Pacific, and global investment group CDPQ announce today that they have concluded an agreement for a JPY 9.3 billion green project bond (approximately CAD 90 million).
Financiers back Qld’s biggest battery energy storage system
By Tony Zhang|11 January 2021
Ashurst and DLA Piper have advised on the financing of Vena Energy’s Wandoan South Battery Storage System in Australia.
Firm: Ashurst (Vena Energy); DLA Piper (Financiers: BNP Paribas, DBS Bank and ING).
Deal: Global law firm Ashurst has acted for Vena Energy on obtaining debt financing for the development of the Wandoan South Battery Energy Storage System (Wandoan South BESS) near Wandoan, Queensland. Vena Energy is a prominent and leading renewable independent power producer in the Asia-Pacific region.
DLA Piper advised BNP Paribas, DBS Bank and ING Bank N.V. on their financing of Vena Energy’s new project. All three banks were joint mandated lead arrangers for the Wandoan South BESS, which reached financial close on 14 December 2020.