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Transgrid advised on $385m underwriting agreement
Global law firm King & Wood Mallesons has advised Transgrid on a $385 million federal underwrite of critical supplies for Australia’s energy transition.
Jerome Doraisamy
Firm: King & Wood Mallesons (Transgrid).
“The underwriting agreement will enable Transgrid to bundle their procurement for major projects such as HumeLink, VNI West and EnergyConnect, to enable it to compete globally for highly sought-after equipment and deliver critical infrastructure faster and cheaper for consumers,” the firm noted.
Area: Energy.
Value: $385 million.
Key players: The KWM team was led by partner Vishal Ahuja, who was supported by senior associate Shirly Cheng and solicitor Tiffany Yang.
Deal significance: Mr Ahuja said, “Congratulations to Transgrid on securing this underwriting agreement that will play a strategic part in Australia transitioning to a clean energy future.”
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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