Deals

Harbourside

Advised the Mirvac Group (Mirvac) on its joint venture with Mitsubishi Estate Asia (MEA) to undertake and fund the development of Harbourside, a mixed-use redevelopment in Sydney, expected to be valued at over A$2 billion once completed.

Transgrid

Advising the project sponsor, Transgrid, on all aspects of a transmission project delivering power from outside Sydney into the CBD, including structuring, environmental matters, land acquisition and access (including agreements with several government-owned corporations and agencies), contracting and operational delivery.

Transgrid

Advising Transgrid on the construction and long-term access agreements for the Snowy 2.0 Pumped Hydro project. This included the construction, commissioning of, and services to be delivered by, two new double-circuit transmission lines to connect Snowy 2.0 to Transgrid’s transmission network. Snowy 2.0 is Australia’s largest renewable energy project (for an extra 2000 MW of firm capacity) and represents an expansion to the existing Snowy Hydro Scheme.

Transgrid

Advising Transgrid on all aspects of its VNI West Project, which involves the construction of a nation-building 500 kV double circuit overhead transmission line connecting the New South Wales and Victorian electricity grids, including the wind and solar-rich regions of the Murray River REZ and the Western Victorian REZ. This includes all land access, acquisition and compensation negotiations and comprehensive advice on environmental impact assessment, planning approval, biodiversity offsets and securing Commonwealth environmental approval.

ACEREZ

Advised ACEREZ (a consortium of Acciona, Cobra and Endeavour Energy across the trifecta of sponsor, D&C and M&L roles) on its successful bid to develop the transmission network infrastructure for the Central West Orana Renewable Energy Zone (CWO REZ).

Transgrid

Advising Transgrid on all aspects of the HumeLink Project, including project documentation, ITC model introduction, community engagement, environmental, WHS and regulatory matters. HumeLink is a A$5 billion project delivering 365 km of new 500 kV transmission line to carry electricity from new generation sources, including the expanded Snowy Hydro 2.0 Scheme.

CopperString

Advised the private sector proponents of the original CopperString 1.0 and CopperString 2.0 Projects on all aspects of project development. This included tenure, approvals, native title, cultural heritage, construction contracts, procurement, early activities all equity funding and project financing (including negotiations with the NAIF), connection and supply arrangements with Powerlink, Ergon Energy and connecting generators and loads, as well as negotiating amendments to the NER to take account of unique revenue and technical issues associated with the Project.

Prysmian Powerlink S.r.l.

Advised Prysmian Powerlink S.r.l., a world-leading cable supplier, on a A$1 billion EPC contract to install the Marinus Link subsea electricity connection between Tasmania and Victoria.

Australian Unity

Advised the Joint Lead Managers on Australian Unity’s recent A$209 million capital raising – a placement and an entitlement offer of mutual capital instruments (MCIs) The capital raising comprised a A$160 million wholesale placement and a A$49.8 million pro rata non-renouncable entitlement offer of ASX-listed MCIs

ClearView Wealth

Advised ClearView Wealth, an ASX-listed life insurance business, on its issuance of A$120 million Tier 2 Capital notes.

Leading Australian bank

Advised Australia’s leading bank on the update of its A$ debt issuance programme. The programme is a cornerstone of the bank’s funding architecture, enabling the issuance of both senior medium-term notes and Tier 2 Capital instruments.

AusNet

Advised AusNet on its hybrid note issuances in Australia and Europe, including acting for the Joint Lead Managers on AusNet’s record-breaking A$1.1 billion corporate hybrid note issuance. Previously advised AusNet on updates of its EMTN and AMTN programmes and issuances.

Qube

Advised the Dealers and Joint Lead Managers on the establishment of Qube’s A$2 billion AMTN programme and debut A$600 million issuance.

Hollard

Advised Hollard Insurance on its issuance of A$115,000,000 Tier 2 Capital notes.