Clayton Utz advised Origin Energy on the deal
Under the deal terms, Origin Energy will pay $58 million comprising an upfront payment of $33 million and deferred payments of $25 million. The acquisition is expected to complete this quarter.
Origin Energy Limited is an integrated energy company. The Company, led by Frank Gerard Calabria, Lawrie Tremaine and Shane Thatcher is an energy retailer in Australia across electricity, gas and LPG. In 2018 Origin Energy recorded $14.604 Billion revenues.
Clayton Utz advised Origin Energy with a team including Samy Mansour (Picture), Emma Covacevich, Simon Brady, Michael Corrigan and Faith Taylor, Andrew Lassman, Qasim Rasool and Michael Beukelman.
Law Firms: Clayton Utz;
Clients: Origin Energy Ltd;