Industries

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.

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

Major water infrastructure projects in Victoria have secured a $40.6 million boost from a new state and federal funding partnership.

Russell Kennedy has bolstered its property practice, luring lawyers from Johnson Winter Slattery and Colin Biggers Paisley. 

White & Case has snapped up an IT and IP expert from Bird & Bird, citing the increasing need for technological expertise in M&A and private equity transactions. 

Optus has agreed to pay a $100 million penalty in a case brought by the ACCC, admitting the watchdog's allegations that staff pressured customers into buying phones they couldn’t afford.

A judge has rejected GM's "back door" bid for indemnity costs from the lead applicant in a failed class action over its decision to retire the Holden brand because each group member had rejected a settlement offer before the case commenced.

Contesting $17.8 million in fees billed by law firm Hall & Wilcox, the liquidators of collapsed engineering firm Hastie Group have told a court there was no written costs agreement between the parties. 

Developer Infinity can't stay a case by the liquidators of collapsed developer Crown Group seeking to sell the land for their failed joint venture for a luxury residential tower in Melbourne’s Southbank, with a judge finding a dispute resolution clause in their agreement was too vague to be enforceable. 

A judge has raised concerns that if he grants orders sought by the administrators of collapsed builder Sharvain Facades to delay a creditors meeting, it will prioritise the interests of its creditors over those of Roberts Co.