Deals

Vault Minerals merger

Advised Vault Minerals on merger to create new A$11 billion major Australian gold company

L1 Gold Fund Limited A$950 million ASX IPO

Advised L1 Gold Fund Limited (L1 Gold Fund) (ASX:LGF) on its A$950 million initial public offering and admission to the Official List of the Australian Securities Exchange.

Dalrymple Bay Infrastructure’s Secured A$ Medium Term Note Programme and inaugural issuance

Advised the dealers and joint lead managers (Australia and New Zealand Banking Group Limited, Barclays Bank PLC, Barrenjoey Markets Pty Limited and Westpac Banking Corporation) on the establishment of Dalrymple Bay Finance Pty Ltd's secured A$ medium term note programme and its inaugural issuance of A$350 million 6.234% fixed rate notes due 24 March 2031.

Wheaton

Advising Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp., on a precious metals streaming transaction to partially fund the construction and development of the Jervois Copper Project in Australia's Northern Territory.

Whiteoak investment in Zeus Street Greek

Advised Whiteoak Growth Fund II LP on its investment in Zeus Street Greek.

Next Capital and Silverfern

Advised Next Capital Pty Limited and The Silverfern Group on the proposed sale of Eptec Holdco Pty Ltd and its defence-related subsidiaries to Arlington Capital Partners.

Central West Orana Renewable Energy Zone

Advised the ACEREZ Partnership (ACCIONA, COBRA and Endeavour Energy) on its successful bid to develop the transmission network infrastructure for Australia’s first Renewable Energy Zone, under a regulated concession model. Advising ACEREZ as Network Operator on delivery and the multi-billion dollar project financing arrangements, including bank debt and CEFC funding. The project won PFI’s Asia Pacific Power Deal of the Year 2025 and APLMA’s Syndicated Project Finance Deal of the Year 2025.

Whiteoak

Advised Whiteoak Growth Fund II LP on its acquisition of Arcadia Consolidated Pty Ltd and its subsidiaries.

Pan African Resources

Advised LSE/JSE-listed Pan African Resources plc on its proposed A$311 million acquisition of 100% of the issued share capital in ASX-listed Emmerson Resources Ltd by way of a recommended court-approved scheme of arrangement.

Central West Orana Renewable Energy Zone PPP

Advised ACEREZ (a consortium of Acciona, Cobra, Endeavour Energy and Capella) on its successful financing to design, construct, operate and maintain the transmission network infrastructure for the Central West Orana Renewable Energy Zone PPP. We advised on all aspects of the reported ~ A$7 billion project financing, including its bank debt facilities and Clean Energy Funding Corporation (CEFC) funding arrangements.

Vena Energy portfolio financing

Advised the financiers in relation to the financing by way of a syndicated green loan of Vena Energy’s Australian solar and BESS portfolio.

Renewable energy developer Holdco facility

Advised a major international investment bank as the lender to a confidential renewable energy developer on a Holdco equity bridge financing in connection with the development and operation of a BESS project in NSW.

Sunshine Coast Airport

Advised Sunshine Coast Airport in relation to a significant financing transaction, including the establishment of a new construction facility and a working capital facility to fund its terminal redevelopment and expansion project.

Port of Newcastle

Advised Port of Newcastle on its multi-source debt funding, including on various refinancings of bank debt and the establishment of its A$1 billion Secured Debt Issuance Programme and its inaugural A$300 million issuance.