Ashurst Advises Sembcorp Industries on A$6.5 Billion Acquisition of Alinta Energy

Ashurst represented SGX-listed Sembcorp Industries in its proposed acquisition of Pioneer Sail Holdings Pty Limited and Latrobe Valley Power (Holdings) Pty Ltd from Chow Tai Fook Enterprises Limited. The transaction, valued at A$6.5 billion, will give Sembcorp full ownership of Alinta Energy, a leading Australian energy retailer and generator. Alinta Energy supplies almost 1.1 million customers across Australia and is supported by a high-quality portfolio of generating assets alongside a significant development pipeline of renewables and firming systems. The acquisition is subject to regulatory approvals, shareholder approval and other customary conditions, and is expected to complete in the first half of 2026. Sembcorp intends to use the acquisition as an established platform to accelerate renewables growth in Australia while supporting an orderly transition. The company has stated its intention to retain Alinta's existing management team and to work closely with the Australian government to support national energy goals. Ashurst represented Sembcorp Industries with a team composed by: partner Tony Damian; partners Murray Wheater and Paul Lingard; counsel James Ireland; and senior associates Eliza Wallace, Bill Lo and Rachel Werner (Corporate Transactions).

Ashurst Advises Sembcorp Industries on A$6.5 Billion Acquisition of Alinta Energy

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