Gilbert + Tobin has advised leading private equity firm Adamantem Capital on the acquisition of a majority interest in Solar Battery Group, marking a significant investment in the rapidly expanding residential energy storage market.
The transaction underscores the increasing role of private capital in Australia’s clean energy transition, as households embrace battery storage in response to government policies promoting energy affordability, grid resilience and the transition to renewable energy sources.
The G+T team was led by partner Ilona Hunnisett, supported by lawyers Brandon Barrio and Nancy Ma. The debt aspects of the transaction were led by partner Gail Christopher and lawyers Alex Wong and Daphne Zhuang.
Partner Ilona Hunnisett said:
This transaction reflects the strong fundamentals underpinning Australia’s energy transition and the growing role of private capital to support that transition.
G+T continues to advise leading private capital sponsors, investors and energy businesses on complex transactions across the energy and infrastructure landscape.
