find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Mallesons and Freehills power AGL joint venture

Mallesons and Freehills power AGL joint venture

Mallesons Stephen Jaques and Freehills have advised on the establishment of a joint venture between AGL Energy and APA Group to develop a 242MW gas-fired power station at Mount Isa,…

Mallesons Stephen Jaques and Freehills have advised on the establishment of a joint venture between AGL Energy and APA Group to develop a 242MW gas-fired power station at Mount Isa, Queensland.

The power station, to be known as the Diamantina Power Station (DPS), will be underpinned by a long-term energy supply agreement with Xstrata and a power purchase agreement with Ergon Energy.

AGL will supply gas to DPS from its wholesale portfolio, using existing transportation arrangements and new capacity on the Carpentaria Gas Pipeline provided by APA. DPS will be constructed under a lump-sum turn-key EPC contract.

Mallesons acted for the APA Group and AGL consortium on aspects of the power station development, including a long term electricity and gas supply arrangements with Mount Isa Mines (Xstrata), and a power purchase agreement with Ergon Energy, the regional electricity supplier. The firm is also advising the consortium on its project financing arrangements.

The Mallesons team was led by energy, resources and projects partner, Craig Rogers who was supported by partners Dominic Bortoluzzi, David Bell, Matthew Austin,Scott Budd, senior associates Shannon Etwell and Roderick Smythe.

Freehills also advised AGL on aspects of the project, including energy supply, power purchase, gas sale, gas transportation and EPC arrangements.

Total capital expenditure for the DPS will be approximately $500 million (before project financing costs), which is expected to be funded by implementing a limited-recourse project financing and equity contributions by AGL and APA.

The Freehills team included partners Rob Merrick, Sharon Wilson, Toby Anderson, John Angus, Nick Heggart; senior associates Prue Taylor, Gary Borgan, Vittorio Cassamento and Michael Voros; as well as solicitors Matthew Goerke, Clancy Rudeforth, Mark Hatfull and Tristian Boyd.

Greenswoods & Freehills directors Richard Hendricks and Andrew Hirst advised AGL on tax issues.

The Freehills and Greenwoods & Freehills teams worked with AGL Legal, lead by senior in-house lawyers Chris Reynolds and Kirstin Mann as well as the AGL Tax and AGL Treasury teams.

APA Group was also advised by Clifford Chance.

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

Mallesons and Freehills power AGL joint venture
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Scales of Justice
Oct 19 2017
‘Ego status’ compelled ex-lawyer to defraud $2.97m, court told
Debarred lawyer John Gordon Bradfield told an NSW District Court that he was driven by “ego status...
Australian Lawyers Alliance (ALA), Queensland’s new industrial manslaughter legislation,
Oct 19 2017
ALA welcomes ‘tough’ Qld manslaughter laws
The Australian Lawyers Alliance (ALA) has welcomed Queensland’s new industrial manslaughter legisl...
Legal podcasts, tune in, microphone
Oct 19 2017
Legal podcasts you have to tune in to right now
The rise of the internet has hailed in a new dawn for storytelling. Here’s our top pick of podcast...
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 & ...