Energy & Natural Resources

Danish renewables company European Energy has closed a $130 million financing package for two solar projects in Victoria and NSW.

EnergyAustralia has entered into a joint venture with EDF Power Solutions Australia to develop the Lake Lyell pumped hydro energy storage project in Lithgow, NSW.

A judge has temporarily excused uranium miner Paladin Energy from providing initial discovery in a shareholder class action, as the parties wait for a competing class action to be filed. 

The funder of a failed class action against the founder of sandalwood producer Quintis and EY and has been hit with costs, despite arguing the order would set a bad precedent. 

Green iron start-up Element Zero has said it will fight Fortescue’s bid to access nearly nine million documents collected under a controversial search order in the mining giant’s case alleging former employees misappropriated its process for carbon dioxide-free iron. 

Professional services giant KPMG has reached a settlement in a shareholder class action over the failure of mining company Cudeco.

An activist group has launched a legal challenge to Woodside’s proposed North West Shelf gas venture extension to 2070, seeking judicial review of Western Australia's approval decision.

The Australian Renewable Energy Agency has invested $19.8 million in a joint venture between BlueScope, BHP, Rio Tinto, Woodside and Mitsui Iron Ore Development to develop a decarbonised steel facility.

Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia's off-grid mining industry.

Rail operator Aurizon has secured agreements with BHP to provide logistics for the mining giant's South Australia copper operations over the next 15 years, estimating total revenues of $1.5 billion.