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Global Infrastructure Partners Australia makes $2.5bn investment
International law firm Allens has advised Global Infrastructure Partners Australia (GIP) on its multibillion-dollar investment into Shell’s Queensland Curtis LNG common facilities.
Emma Musgrave
Firms: Allens (GIP); undisclosed (Shell’s Queensland Curtis LNG common facilities).
Value: US$2.5 billion.
Area: M&A, finance.
Key players: The legal team advising GIP was led by Allens corporate partner Igor Bogdanich, with assistance from partners Tom Story and Charles Ashton, managing associates Adrian Amer and Anne Nguyen, counsel Andrew Wong, senior associates Rob Merriam, Zac Kedgley-Foot and Anne Beresford, senior overseas practitioner Patrick McGregor, senior energy and resources lawyer Sarah Birrell.
Partner James Kanabar advised on the fund’s elements of the transaction, while partner Tim Stewart, senior associate Nick Koutsoukos, overseas practitioner Alex Cutting, lawyer Lucinda Campbell and associate Claudia Gherman-Buzas advised on the banking and finance elements.
Deal significance: The acquired interest into the common facilities by GIP include LNG storage tanks, jetties and operations infrastructure servicing Queensland Curtis LNG’s trains. Shell will remain operator of the facilities, a statement from Allens confirmed.
“We congratulate GIP on this landmark acquisition,” said lead partner Mr Bogdanich.
“The investment is part of GIP’s broader strategy of targeting high-quality assets in sectors where it has deep knowledge, with a focus on complex transactions and strategic joint ventures.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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