Ashurst advises Equinix on first renewable power purchase agreement in Australia
09 February 2024
Global law firm Ashurst has advised Equinix Australia on its first long-term renewable power purchase agreement (PPA) in Australia and the broader Asia-Pacific region with TagEnergy. Equinix will purchase 151 MW of renewable energy at Golden Plains Wind Farm – East in Victoria, Australia.
Equinix is a global digital infrastructure company with 17 data centres in Australia. Equinix has a 100% renewables coverage target by 2030.
The Golden Plains Wind Farm, owned by TagEnergy and Ingka Investments, is a major A$3 billion project for Victoria and is Australia's largest wind farm to date. Equinix will offtake nearly 20% of the total energy generated by the Golden Plains Wind Farm – East.
The Ashurst team was led by partner Cassandra Wee, who was assisted by Counsel Douglas Fung, senior associate Tristan Shepherd, and associates Joshua Hetzel and Jack Jones (Projects and Energy Transition).
