Herbert Smith Freehills Kramer Advised On A$6.5B Sale Of Alinta Energy To Sembcorp

Herbert Smith Freehills Kramer Advised On A$6.5B Sale Of Alinta Energy To Sembcorp

Herbert Smith Freehills Kramer (HSF Kramer) has advised Chow Tai Fook Enterprises (CTFE) on the strategic review and sale of Alinta Energy, one of Australia’s leading energy retailers and generators, to Sembcorp Industries, a major Singaporean listed utility, for A$6.5 billion.

The transaction is expected to close in 2026 following satisfaction of customary conditions precedent.

Chow Tai Fook Enterprises (CTFE) is a privately held, diversified conglomerate based in Hong Kong, with investments spanning real estate, hospitality, infrastructure, and energy. CTFE has been the 100% owner of Alinta Energy since 2017 and has overseen its growth and operations in the Australian energy market.

(Managing partner), Nick Baker said, “This transaction is significant for the Australian energy market. It brings new investment to one of the country’s largest energy companies at a time when the sector is delivering through the challenges of the energy transition.”

“We are grateful for the opportunity to support CTFE on this significant transaction to continue to assist the Alinta Energy team on the delivery of their strategy. “

The Herbert smith Freehills Kramer team was led by, Nick Baker (Managing Partner), Baden Furphy (Partner), led the firm’s M&A team with support from Ying Yi Soh (Counsel), Dan English (Senior Associate), and Stefan Baldwin (Solicitor). The competition work was led by Liza Carver (Partner), Sarah Benbow (Partner), and the finance work was led by Elizabeth Charlesworth (Partner), with support from Tom Allen (Senior Associate).

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