find the latest legal job
Part Time Risk & Compliance Officer
Category: Other | Location: Brisbane QLD 4000
· Brisbane City · Flexible Part Time Hours
View details
Infrastructure Lawyer/SA
Category: Construction Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Global elite law firm · Dedicated Infrastructure team
View details
Property Lawyer
Category: Property Law | Location: All Melbourne VIC
· 12 Month Contract · Diverse Work
View details
Family Lawyer
Category: Family Law | Location: Eastern Suburbs Melbourne VIC
· Boutique Firm · Great Reputation
View details
Infrastructure Lawyers
Category: Construction Law | Location: All Perth WA
· We'd be particularly interested to hear from you if you were a lawyer who knows your way around the infrastructure and energy sectors.
View details
DUET deal has three firms dancing

DUET deal has three firms dancing

Global firms get the gig on a major cross-border resources deal.

Firms: Allens (DUET Group); Squire Sanders (TransAlta); Ashurst (DUET and UBS)

Deal: Agreement to build a natural gas pipeline in WA

Area: Energy & Resources

Value: $178 million

Key Players: Funds management expert Marc Kemp (pictured) led the Allens team, which included lawyers from Perth, Sydney and Melbourne. “We have been delighted to assist DUET Group, a long-standing client of the firm, on this most recent transaction,” said Kemp.
His partnership colleagues Tracey Greenaway, Michael Hollingdale and Ted Hill also assisted.
Allens acted for DUET and its subsidiary, the DBP Development Group (DDG), on a joint venture agreement to build a 270km natural gas pipeline in WA.
Ashurst acted for DUET with regard to stamp duty matters and also acted for UBS on a capital raising in connection with DUET’s involvement in the project.
Sarah Dulhunty, the head of Ashurst’s Australian equity capital markets practice, was involved in that particular aspect of the deal.
The Squires team was led by Duncan Maclean, the Perth-based co-head of the firm’s global energy and resources team.

Deal Significance: This deal will see the construction of a 270 kilometre long pipeline from the existing Dampier to Bunbury Natural Gas Pipeline to Fortescue Metals’ Solomon Hub Power Station in the Pilbara region of WA.
DDG will build the pipeline.
In order for the deal to come to fruition, TEC Pilbara, a subsidiary of Canada’s TransAlta Corporation, formed a joint venture with DDG.
TransAlta currently owns six power stations in Australia.
The pipeline is due to be completed by the end of the year.
Fortescue CEO Nev Power said the agreement would allow the mining giant to reduce operating costs and cut emissions by switching stationary power generation from diesel to natural gas.

 

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

DUET deal has three firms dancing
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Violence
Nov 17 2017
It's time for politicians to commit to eradicating domestic violence
The national shame of domestic violence cannot be left unaddressed, writes Christine Smyth. ...
Nov 16 2017
From lawyer in law firm to senior governance professional
Promoted by Governance Institute of Australia As a law graduate, Kate Griffiths never imagined...
marriage equality
Nov 16 2017
Legislation the next hurdle for marriage equality
Lawyers have underscored the importance of ensuring same-sex marriage legislation does not limit ant...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...