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Darling Downs to be supercharged in big battery first


Date Time
Darling Downs to be supercharged in big battery first
Minister for Energy, Renewables and Hydrogen and Minister for Public Works and Procurement The Honourable Mick de Brenni
The Palaszczuk Government is supercharging the Darling Downs with connection of the state’s largest battery to the transmission network nearing completion at Wandoan.
Minister for Energy, Renewables and Hydrogen Mick de Brenni said the government-owned Powerlink was working closely with Vena Energy to support their Wandoan South Battery Energy Storage System (BESS) project.
“As part of our economic recovery plan, the Palaszczuk Government is delivering cheaper, cleaner and reliable energy for Queenslanders,” Mr de Brenni said. ....

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Financiers back Qld's biggest battery energy storage system


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. ....

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