31 Oct '16, 4am

DP Energy selects advisors for 375MW solar/wind project in Australia

DP Energy selects advisors for 375MW solar/wind project in Australia 31. October 2016 | Applications & Installations , Global PV markets , Industry & Suppliers , Markets & Trends | By: Brian Publicover The Irish developer has chosen financial services giant EY and legal firm Baker & McKenzie to provide advisory services for its hybrid solar and wind farm in South Australia. Flickr/anniemullinsuk It plans to start construction on 175 MW of PV and 200 MW of wind capacity near the city of Port Augusta by the second quarter. DP Energy Chief Investment Officer Andrew Smith described the appointment of EY and Baker & McKenzie as advisors as a “crucial step” toward reaching financial close on the A$700 million ($532.8 million) project by the end of the first quarter of 2017. “This hybrid renewable energy solution has the potential to deliver a range of benefits to the South Austr...

Full article: http://www.pv-magazine.com/news/details/beitrag/dp-energy...

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