find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Corporate Lawyer
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· 12 months fixed term opportunity
View details
Property lawyer - Melbourne
Category: Property Law | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Impressive client list, national firm · Well-led and high-performing team
View details
Minter Ellison advises AGL emission trading units deal

Minter Ellison advises AGL emission trading units deal

Minter Ellison has advised AGL in the first trade in Australian emission trading units. The forward trade saw AGL Hydro Partnership sell 10,000 tonnes of Australian emission trading units…

Minter Ellison has advised AGL in the first trade in Australian emission trading units.

The forward trade saw AGL Hydro Partnership sell 10,000 tonnes of Australian emission trading units (AETUs) to Westpac at $19.00 a tonne, for settlement on February 1, 2012.

AGL engaged Minter Ellison to construct the documentation around which AETUs are traded.

The work was led by Melbourne-based partner Mitzi Gilligan. The key challenge faced by the team was to draft documentation that sufficiently covered the field of plausible outcomes, while still enabling a degree of certainty of what is to be traded.

Recycling will also play a part in the green deal. Gilligan said the documentation prepared for the transaction would be used in future trades already foreshadowed by AGL.

“The entire market is facing a paradigm shift in a carbon-constrained world,” Gilligan said.

“Helping AGL capitalise on its market-leading position in the renewable energy space through this innovative transaction has been enormously satisfying. We have advised AGL for a number of years, and love working with an international leader in its field.”

See News section for further coverage of this deal

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

Minter Ellison advises AGL emission trading units deal
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Warning
Aug 23 2017
NT Law Society sounds alarm on mandatory sentencing
The Law Society Northern Territory has issued a warning over mandatory sentencing, saying it hasn’...
Unite
Aug 22 2017
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by The way we do business, where we work, how we engage with workers, even how we take a...
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 & ...