Allens has advised the lenders on Atmos Renewables' green loan portfolio refinancing, supporting the next phase of project delivery across its 1.6 GW portfolio of renewable energy assets. Allens also advised the lenders on Atmos Renewables' initial portfolio refinancing in 2023.
The refinancing represents a significant milestone for Atmos Renewables, enabling continued investment in clean energy generation and storage assets across Australia, and underscores strong lender appetite for sustainable financing arrangements.
'We are delighted to have supported the lenders on this landmark refinancing, which reflects the continued evolution of green finance in Australia and the critical role of renewable energy in achieving net zero targets,' said Partner Scott McCoy.
Atmos' renewables portfolio includes Kiata Wind Farm, Cherry Tree Wind Farm, Daydream Solar Farm, Hayman Solar Farm, Childers Solar Farm, Susan River Solar Farm, Nevertire Solar Farm, Hornsdale Stage 1 Wind Farm, Hornsdale Stage 2 Wind Farm, Hornsdale Stage 3 Wind Farm, Cattle Hill Wind Farm, Coonooer Bridge Wind Farm, Karadoc Solar Farm and Merredin Battery Energy Storage System.
Macquarie Capital acted as financial advisor.
Allens is a leader in advising on renewables portfolio financings. The firm has recently advised on portfolio financings for ACEN Australia, CPERI, Foresight, FRV, GPG, Neoen and Potenia Energy.