Buddle Findlay is pleased to have advised Westpac on the project financing of Maungaturoto Solar Farm project. The project is being developed by Solar Bay and will be located near Maungaturoto in Northland - adding approximately 21MW of energy capacity in support of New Zealand’s clean energy transition and target of net-zero emissions by 2050.
The Buddle Findlay team was led by Peter Owles and Daniel Collins, and included Ed McGimpsey and William Hunnam. Anderson Lloyd, led by Anton Trixl and Geoff Busch, advised Solar Bay.
Peter Owles and Daniel Collins commented "This is a fantastic project – completed in relatively challenging market conditions. It was great to support the team at Westpac, led by Annabelle Bailey, and work alongside the Solar Bay and Anderson Lloyd teams."
Annabelle Bailey from Westpac, commented "We are thrilled that Maungaturoto Solar Farm project has reached financial close. This milestone is a result of a lot of hard work and commitment by all the teams involved. The Buddle Findlay team in particular were invaluable throughout the process".
Buddle Findlay advised on the project financing of the Maungaturoto Solar Farm project
5 August 2024
Authors
Consultant, Auckland
Partner, Auckland
Senior Associate, Auckland
Senior Associate, Auckland