Kain Lawyers advises ZEN Energy on its $43 million investment from HD Renewable Energy

Kain Lawyers is pleased to have advised ZEN Energy on its $43 million investment from HD Renewable Energy, a $1.1 billion Taipei-listed renewable energy developer. The fundraising deal values the Adelaide-based renewables and storage company at $443 million and will enable ZEN Energy to advance its two major projects.

These projects include the completion of its Templers battery north of Adelaide and the Solar River hybrid solar-plus-battery project near Robertstown, South Australia, which is targeting a final investment decision in the first half of 2025.

The Kain Lawyers team advising ZEN Energy was led by Brian Vuong, with support from team members Stefan Harris and Rocco Ierace successfully completing the cross-border investment transaction.

Mr Vuong said he is proud of the team’s continued excellence in delivering customised solutions to unique transactions.

“Our team was delighted to assist the owners of ZEN Energy with their investment from HD Renewable Energy achieving an exciting outcome for all involved,” said Mr Vuong.

ZEN stands for Zero Emissions Now advocating for a 1.5°C world for everyone. ZEN is Australia’s first energy company with a science-based emissions reduction plan aligned with limiting global heating by 1.5°C this decade.

For further information, read the article published in The Australian Financial Review.