A&O Shearman advises Revera Energy on credit facility to accelerate their renewable energy deployment pipeline in Australia and the UK

The expanded facility is expected to further streamline execution of Revera Energy’s integrated model across storage and renewables projects, which provides critical grid services and helps bring projects from development to operation at scale.

Funding will advance priority milestones across the pipeline. In Australia, this includes construction of the 150 MW / 300 MWh Bungama Stage 1 battery project in South Australia, delivery of at least 600 MW / 2,400 MWh of additional NEM battery capacity, and optimization of 158 MW of operational solar farms in New South Wales; and in the UK, development of at least 1,000 MW / 2,000 MWh of late-stage battery projects, starting with a 200 MW asset followed by 800 MW over the subsequent 12 months.

Revera Energy is an independent energy infrastructure platform focused on developing, building, owning, and operating critical energy projects across Australia and the UK. Backed by Carlyle, Revera specializes in battery storage, renewable power, and green hydrogen solutions that support grid resilience and accelerate the clean energy transition.