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Gilbert + Tobin has advised Alinta Energy on its $1.3 billion refinancing.
Firm: Gilbert + Tobin (Alinta Energy)
Value: $1.3 billion
Area: Finance
Key players: The Gilbert + Tobin team was led by banking and projects partners John Schembri and Stuart Cormack, with support from lawyers Emily Rothfield and Eric Saliwonczyk.
Deal significance: Alinta Energy is an Australian electricity generator and retailer that owns and operates power stations and is committed to providing reliable, affordable and sustainable energy that considers the future.
According to a statement from Gilbert + Tobin, the refinancing debt facilities will provide the primary source of funding for Alinta’s corporate financing requirements, as well as for funding the pipeline of energy projects it currently has under development, including renewable and battery storage assets.
Commenting further, co-lead partner Stuart Cormack said: “It was a pleasure to advise Alinta Energy on this significant debt refinancing.
“Despite the recent volatility in debt markets, and the dislocation in the energy markets, the strong support in the debt market for Alinta on this transaction was a very positive sign for its future direction and business plan. We wish our client Alinta continued success as they continue to grow and move towards a sustainable future.”
