The transaction involved Jemena acquiring 100% of the shares from three Origin Energy companies that hold licenses for the Darling Downs Pipeline, which are the Oil Company of Australia (Moura) Transmissions Pty Ltd, Origin Energy Walloons Transmissions Pty Ltd and Origin Energy Wallumbilla Transmissions Pty Ltd.
The acquisition represents a significant expansion of Jemena's gas transmission capability in Queensland, including complimenting its existing ownership and operation of the Queensland Gas Pipeline and the development of the Northern Gas Pipeline from Mt Isa to Tennant Creek.
Lead partner on the deal
Paul Newman (Utilities) said: "We are delighted to have advised Jemena in relation to this significant acquisition, which will further enhance its position as a leading participant in Australian energy markets. We are particularly proud to assist with building Jemena's portfolio of gas transmission infrastructure in Queensland, as the Darling Downs Pipeline represents a natural extension of its existing business."
Paul was assisted by partner Tanya Denning, counsel Teresa Scott and lawyers Tim Rankin and Tristan Shepherd (Utilities); partner
Murray Wheater and senior associates
Samantha Robson,
Matt Hartsuyker and
Jennifer Ingram, foreign qualified senior associate Alexander McCall
, and lawyer Alexander Kedzior (Corporate); partner Damian Salsbury and senior associate
Kellie Hairsine (Real Estate); partner
John Briggs and senior associate
Paul Wilson (Environment); partner Gavin Scott (Native Title); counsel
Justin Jones (Competition); counsel Lucy Bretherton (Resources); associate Peter Allen and lawyer Anthony Pitruzzello (Banking); with partner Vince Rogers, counsel Brett Elgar and senior associate Patrick Lawler (Employment).
