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Origin Energy advised on sale of smart metering business
Origin Energy had been advised on the sale, by competitive bid, of its Acumen smart metering business to intelliHUB.
Jerome Doraisamy
Firm: Hive Legal (Origin Energy); Baker McKenzie and Clayton Utz (intelliHUB joint venture).
Value: $267 million.
Area: Corporate.
Key players: The Hive team was led by principals Jeremy Snow, Andrew Brookes and Joanna Green.
Deal significance: “Hive’s team is excited to have acted on these arrangements,” the firm noted in a statement.
“They represent a significant development in the competitive metering market in Australia’s National Electricity Market, following major metering regulatory reforms which came into effect in December 2017.”
Jerome Doraisamy
Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.
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