This Knowledge Sharing Report has been prepared by Edify Energy Pty Ltd for and on behalf for Whitsunday Solar Farm Pty Ltd pursuant to WSF’s obligations under a Funding Agreement with ARENA dated 2 March 2017.
Report extract
1.1 Knowledge Sharing Report: Securing Project Financing
This Knowledge Sharing Report, entitled “Securing Project Financing” has been prepared by Edify Energy Pty Ltd (Edify) for and on behalf for Whitsunday Solar Farm Pty Ltd (WSF) pursuant to WSF’s obligations under a Funding Agreement with ARENA dated 2 March 2017 (Funding Agreement).
1.2 Background to The Whitsunday Solar Farm Transaction
WSF was financed as part of a 198 MWp portfolio financing of three solar farms:
- WSF (69 MWp) (which received ARENA grant funding)
- Hamilton Solar Farm (HSF) (69 MWp)
- Gannawarra Solar Farm (WSF) (60 MWp) (together the Portfolio).
This was a unique transaction in the ARENA Large Scale Solar funding round. WSF was the only solar farm financed as part of a portfolio financing.