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YMAC Project Timeline

Pre-Feasibility

In this stage the Renewable Energy Developer (RED) and representatives nominated by the Prescribed Body Corporate (PBC) meet on Country to determine if the proposed site is in the right location, and if the project is potentially viable, before too many resources are expended by both parties.

Authentic, respectful discussion will streamline the due diligence process and build a foundation for the relationship that will endure throughout the project.

This may be a time for the PBC to enter into discussions with other REDs and to enter into separate ‘Preferred Partner’ Memorandums of Understanding (MoU).

This is the time to focus on:

Due diligence

The RED will have a clear idea of the project and enter into discussions with a detailed map of what they want. This puts them at an advantage and raises the question of when they should divulge their plans in detail and share the information they have. It’s essential that REDs engage with the PBC well in advance of making any tenure application under the Land Administration Act (LAA).
The appointment and presence of expert advisers at this initial site visit supports actionable outcomes and identifies what is needed to progress, when and by whom  for example:
  • Identifying Cultural Heritage areas, impacts, out of bounds and exclusion zones, then establishing a management protocol for this
  • Scoping studies, investigative studies or surveys needed to define the project concept to support tenure application
Processes and outcomes must be documented along with regular review at agreed intervals, particularly when new information comes to light. Sharing this with the PBC, in a timely manner, is an effective way to achieve Free, Prior and Informed Consent at every stage throughout the process and keep the project on track.

Economic participation options

The PBC (and the RED) will start evaluating options at this stage for the PBC’s economic participation in the project as Stakeholder, Shareholder, Partner, or Co-owner. Equity participation requires specialist advice from independent advisers, with suitable experience and proven expertise.
When PBCs choose economic participation, it can result in significant project advantages for REDs while securing generational wealth for Traditional Owners (TO).

Financial participation options

This is also the time to consider financial participation options appropriate to the project and the type of agreement that will be negotiated.
These include:
  • milestone payments as a sign of good faith – this could include pre-construction payments
  • free carry interest participation
  • rent (regular amount and frequency)
  • royalties and/or
  • other non-participative compensation.

Country is our mother, the provider and keeper of cultural belongings. Country and Culture go together. You can’t have one without the other.

Yamatji Marlpa Aboriginal Corporation respectfully acknowledges the Traditional Owners and custodians throughout Western Australia, and on whose Country we work. We acknowledge and respect their deep connection to their lands and waterways.

We honour and pay respect to Elders, and to their ancestors who survived and cared for Country.

Our offices are located on Whadjuk Country, Southern Yamatji Country, Yinggarda Country, Kariyarra Country, and Yawuru Country. We recognise the continuing culture, traditions, stories and living cultures on these lands and commit to building a brighter future together.

Disclaimer: Caution: Please be advised that this website may contain images, voices and names of deceased people.

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NOTES ABOUT THIS TIMELINE -
Best Practice Guide

  • This Best Practice Guide has been developed for use by Traditional Owners, Renewable Energy Developers, Government and Industry.
  • This timeline is designed as a ‘big picture’ framework for a renewable energy project. Its intention is to support a Best Practice approach by all parties involved in a project.
  • All projects are different, and the timeline is not intended to be a perfect fit for a project That is for any project stages may occur or commence at different times or not be required. Some stages are linear, and others may occur in whole or part concurrently. Each stage incorporates considerations for other stages, as relevant to a project.
  • The Timeline is a GUIDE ONLY.