Global law firm Ashurst is advising Woolworths Group Limited (Woolworths) on its first corporate power purchase agreement, for the offtake of electricity and green products from the Bango 999 Wind Farm in New South Wales.
The Bango 999 Wind Farm is located approximately 30km north of Yass in New South Wales, has a capacity of 82.8 MW AC, and is owned by CWP Renewables. This is Woolworths’ first corporate PPA and will help it achieve its commitment of powering its entire operations with 100% renewable electricity by 2025.
Partner Dan Brown commented:
“We’re very excited to have advised Woolworths on entering into its first corporate PPA. Woolworths is major Australian retailer and this PPA is a significant development in achieving its goal of being 100% renewable energy powered by 2025. Agreements like this with major corporates will continue driving the energy transition.”
The Ashurst team was led by Dan Brown, who was assisted by partners Ratha Nabanidham, Corey McHattan, counsel Douglas Fung and senior associates Tristan Shepherd, Emily Tuffley, Manisha Pannu and Andrew Grant.