G+T have advised its long-time client Alinta Energy, an Australian electricity generator and retailer, on its recent A$1.3 billion refinancing.
Alinta Energy owns and operates power stations across Australia and is committed to providing reliable, affordable and sustainable energy that considers the future.
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 which it currently has under development including renewable and battery storage assets.
The G+T team was led by Banking + Projects partners John Schembri and Stuart Cormack with support from lawyers Emily Rothfield and Eric Saliwonczyk.
Stuart commented “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.”