Lend Lease Embedded Network (Barangaroo South) Pty Ltd retail exemption

Sector: 
Segment: 
Status: 
Category: 
Registrable exemption
Exemption class: 
R8
Notice status: 
Current notice
Effective date: 
21/06/2022
AER reference: 
E-7552
Registrant/s: 
  • Lend Lease Embedded Network (Barangaroo South) Pty Ltd / ABN 88 600 161 528
Location: 
Level 14, 300 Barangaroo Avenue
Barangaroo, NSW 2000
Australia

Overview

The Registrant's exemption from the requirement to hold a retailer authorisation under the National Energy Retail Law has now come into effect. The exemption is provided for in the AER's Exempt Selling Guideline and is subject to a number of conditions attached to the R8 class exemption.

You can search for the current version of the Exempt Selling Guideline on the Retail guidelines page.

Applicable conditions for class exemptions.

The R8 class exemption applies to energy sales under PPA agreements to commercial customers, and to residential customers where the duration of the PPA is less than 10 years and the customer is able terminate the agreement early.

The registrant confirms they will only offer PPAs to business customers.