PRESS RELEASE
23 July 2026

Mirova Invests EUR 150 Million In Yanara To Accelerate Renewable Energy Development In Australia

Mirova has made a strategic investment in Yanara, an Australian renewable energy developer, to accelerate the development of utility-scale solar and battery storage projects across the country.
Australia

We advised Mirova on its EUR 150 million investment in Yanara Australia (Yanara), a renewable energy developer active across the Asia-Pacific region.

The investment will support the development of utility-scale renewable energy and energy storage projects across Australia, enabling Yanara to accelerate the development of its gigawatt-scale pipeline and support Australia's transition to a more resilient and low-carbon energy system. It also reflects Mirova's continued commitment to supporting the development of critical energy infrastructure. A key focus of the investment is Yanara's flagship Mortlake Energy Hub in Victoria, a hybrid project featuring 450 MW of solar and 600 MW/2,400 MWh battery energy storage system.

Acting as Dutch legal counsel to Mirova, our multidisciplinary team advised on the Dutch law aspects of the transaction. Our work included the drafting and review of corporate documentation, including joint venture documentation, as well as notarial documentation.

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