Pinsent Masons wins Sustainability Award at FT Innovative Lawyer Awards APAC 2021

17 May 2021 | 10:17 am | 1 min. read

Multinational law firm Pinsent Masons has won the Sustainability Award at the FT Innovative Lawyer Awards Asia Pacific 2021 for its role advising Tesla on Australia's first ever centrally-owned virtual power plant (VPP).

Melbourne-based energy and infrastructure finance partner, Jeremy King, led a team advising Tesla on the delivery of the South Australia VPP providing cheaper, cleaner power to residents of social housing properties.

The team advised on all aspects of the SA VPP including finance, regulatory and insurance matters to facilitate access to discounted power arrangements for thousands of vulnerable families in low socio-economic neighbourhoods.

Commenting on the win, Jeremy King, said: "This was a highly complex, innovative and transformational project that has played a vital role in improving access to affordable, renewable energy across Southern Australia.

"As the first ever VPP of its kind in Australia there was no blueprint or precedents for us to follow. We're proud to have supported Tesla on the rollout on such an important project that will have a genuine impact on sustainable energy in the region."

The project incorporated bespoke contracts relating to distributed rooftop solar and battery systems which were orchestrated as a fleet operating like a grid scale power plant. SA VPP uses internet connectivity and proprietary cloud-based software to charge or discharge energy batteries, trading it on the National Energy Market.

Pinsent Masons worked closely with financial advisor, Planum Partners, to deliver the funding solution for the SA VPP.  The Clean Energy Finance Corporation, Australia's 'green bank', continued to invest in Australia’s transition to lower emissions by deploying senior debt to the project.

Latest press releases

Show me all press releases

Pinsent Masons advises on €1 billion variable annuity policies transfer

Multinational law firm Pinsent Masons Irish corporate insurance team has advised Athora Ireland plc (Athora) on its transfer of a book of variable annuity policies to Monument Life Insurance DAC, with assets under management valued at nearly €1 billion for circa 13,000 customers.

Grant Thornton and Pinsent Masons collaborate to support effective data sharing across financial services

Leading business and financial adviser Grant Thornton UK LLP and multinational law firm Pinsent Masons have joined forces to support firms with how they can share data safely, efficiently and effectively across financial services in a push to enable open finance.

Pinsent Masons partners with Tech Nation’s Rising Stars competition

Multinational law firm Pinsent Masons has partnered with Tech Nations’ Rising Stars competition to support innovative early-stage scaleups across the UK.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises on €1 billion variable annuity policies transfer

Multinational law firm Pinsent Masons Irish corporate insurance team has advised Athora Ireland plc (Athora) on its transfer of a book of variable annuity policies to Monument Life Insurance DAC, with assets under management valued at nearly €1 billion for circa 13,000 customers.

Grant Thornton and Pinsent Masons collaborate to support effective data sharing across financial services

Leading business and financial adviser Grant Thornton UK LLP and multinational law firm Pinsent Masons have joined forces to support firms with how they can share data safely, efficiently and effectively across financial services in a push to enable open finance.

Pinsent Masons hires corporate crime and forensic investigations partner in South Africa

Multinational law firm Pinsent Masons has hired partner Edward James to bolster its corporate crime and investigations capabilities in South Africa.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts