"Baker McKenzie Advises Risen Energy on Successful Sale of 100MW Coleambelly BESS Project to Octopus Australia"

"Baker McKenzie has successfully advised Risen Energy (Australia) on the sale of its 100MW/400MWh Coleambelly Battery Energy Storage System (BESS) project in New South Wales to Octopus Australia. The project, located near Wagga Wagga, has received planning and grid connection approvals. Risen Energy, a subsidiary of Risen Energy Co. Ltd, has been active in developing renewable energy projects in Australia since 2008. Octopus Australia specializes in renewable energy development and manages over AUD 1.4 billion in assets. The transaction highlights the growing investment in BESS projects in Australia, which are crucial for enhancing the reliability of renewable energy as the country transitions to more intermittent energy sources."