07 Oct Lighthouse Infrastructure refinances Emerald Solar Farm
In October 2017, Lighthouse Infrastructure acquired 100%, through the Lighthouse Solar Fund, of the 72MW(AC) Emerald Solar Park. The project became fully operational in early 2019 and generates enough electricity to power approximately 35,000 Queensland homes and abate emissions of around 130,000 tonnes of CO2e annually. Emerald is supported by a long term PPA with Telstra.
We are delighted to have retained NAB and Westpac as our financiers to Emerald – two of Australia’s leading banks.
Thank you to our advisors, ICA Partners, who managed and guided us through the refinancing period. Thank you also to both King & Wood Mallesons and Herbert Smith Freehills for their support in facilitating the transaction.
Emerald Solar Farm is managed by our partner, RES Australia, and we are grateful for their diligence and expertise. We look forward to this next period for Emerald Solar Farm, contributing to Australia’s energy transition to renewable generation sources.