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Wren House advised on sale of stake in TransGrid
Wren House Infrastructure has been advised on the sale of its one-fifth stake in TransGrid to OMERS.
Jerome Doraisamy
Firm: King & Wood Mallesons (Wren House Infrastructure), Herbert Smith Freehills (OMERS), Allens Linklaters (TransGrid Australia).
Value: Undisclosed.
Area: Infrastructure.
Key players: The KWM team was led by partner Mark Upfold, who was assisted by partners Scott Heezen, Ros Anderson and Malcolm Brennan, special counsel Gareth Howe and Clifford Sandler, senior associate Amanda Kazacos, solicitors Travis Irons and Caitlin Rodgers, and graduate Victoria James.
Deal significance: Speaking about the deal, Mr Upfold said: “This deal started late last year, transitioned across [COVID-19], the new dynamics at FIRB and involved navigating through a detailed pre-emptive rights regime.”
“It had all the features that make infrastructure transactions so rewarding and we are proud to have helped Wren House Infrastructure meet its sale objectives after close to five years of post-privatisation ownership of the asset,” he added.
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly. A former lawyer, he has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. He is also the host of all five shows under The Lawyers Weekly Podcast Network, and has overseen the brand's audio medium growth from 4,000 downloads per month to over 60,000 downloads per month, making The Lawyers Weekly Show the most popular industry-specific podcast in Australia. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of Minds Count.
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