Pinsent Masons advises Firm Power on sale of the largest proposed battery energy storage system project in Queensland
18 Oct 2023 | 10:30 pm |
Multinational law firm Pinsent Masons has advised Australian-owned energy company Firm Power on the sale of a proposed 500MNW/1GWh battery energy storage system (BESS) project to Octopus Investments Australia.
The Blackstone project, located 30 kilometres from Brisbane, is the largest proposed standalone BESS project in Queensland. Once it is completed it will be able to power 70,000 homes for 24 hours. Firm Power will continue to assist Octopus with the development of the project over the next two years.
The project continues Pinsent Masons’ run of involvement advising on BESS projects in Australia, including advising Fluence Energy on its successful bid to build the Latrobe Valley BESS in Victoria.
The Pinsent Masons team advising on the project was led by Sydney-based corporate partner Joni Henry, with special counsel Hannah Syme and associates Jonathan Duff and Harry Grewal. They were assisted by Finance partner Jim Hunwick and associate Jesse McNaughton.
Commenting on the matter, Joni Henry said: “There is real momentum in Australia when it comes to the energy transition to renewables and battery storage projects, such as Blackstone, play a vital role in this transition as more renewable energy comes online. We are delighted to have assisted Firm Power on this significant transaction in the Australian energy market.”
Firm Power began operation in 2019 to focus on large-scale BESS projects and has since expanded into other energy transition solutions.
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons advises on acquisition of Alba Renewables
Multinational law firm Pinsent Masons has advised Southeast Asia-based clean energy developer Alba Renewables on its acquisition by a leading global investment firm.
Pinsent Masons advises Aviva on Part VII transfer of former AIG Life protection business
Multinational law firm Pinsent Masons has advised the Aviva Group on the successful High Court-sanctioned transfer of the entire insurance business of Aviva Protection UK Limited (formerly AIG Life) to Aviva Life & Pensions UK Limited, under a Part VII insurance business transfer scheme.
Pinsent Masons named as supplier on new UK Government Legal Panel
Multinational law firm Pinsent Masons has announced today that it has been named as a supplier on Crown Commercial Service’s Legal Panel for Government framework on Lot 2- Major Project and Complex Advice.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises on acquisition of Alba Renewables
Multinational law firm Pinsent Masons has advised Southeast Asia-based clean energy developer Alba Renewables on its acquisition by a leading global investment firm.
Pinsent Masons part of consortium appointed to advise Nuclear Waste Services on UK Geological Disposal and Waste Repository Projects
Pinsent Masons, Burges Salmon and Herbert Smith Freehills Kramer have been appointed to support Nuclear Waste Services (NWS) in relation to the planning, consenting and regulatory work associated with the UK’s Geological Disposal Facility and Low Level Waste Repository.
Pinsent Masons advises International Finance Corporation on milestone Bhutan investment
Multinational law firm Pinsent Masons has advised International Finance Corporation (IFC), the largest global development institution focused on the private sector in emerging markets, on its first ever investment in Bhutan’s energy and infrastructure sectors.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]