KPMG acted as financial and tax adviser to First Solar on its sale of the Manildra Solar Farm to New Energy Solar.
KPMG acted as adviser to First Solar on its sale of the Manildra Solar Farm.
The Manildra Solar Farm is a 46.7MWac utility-scale solar development, located near Manildra, NSW. Manildra Solar Farm is already operating and is one of the first constructed solar farms transacted in Australia. The acquisition provides an enterprise value of approximately A$113 million (excluding transaction costs and stamp duty).
How KPMG assisted
KPMG supported First Solar with a broad range of services including financial and commercial, corporate tax and stamp duty advice.
As part of the transaction, KPMG provided a range of advice to First Solar, including:
The deal is another example of KPMG’s work in the renewable energy markets including acting as commercial, financial and tax adviser to: