What’s a business plan?

Under the Local Government Act (1995) the City of Fremantle is required to prepare and seek community input on a business plan for a major land transaction. The business plan deals with the commercial aspects of the land transaction. In this case, this covers the lease between the City and Epuron and the conditions of the lease.

Will the land be transferred to Epuron?

The City will retain ownership of the land and is currently negotiating to lease the site to Epuron for the purpose of constructing and operating a solar farm over a nominated period of time, probably in the order of 20-25 years. Epuron will need to provide access for ongoing site monitoring and management to allow the City  to meet environmental responsibilities.