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Allens locks down $460M in financing for Akaysha’s Elaine BESS
Energy & Natural Resources 2025-11-06 11:42 pm By Christine Caulfield

Blackrock-owned battery developer Akaysha Energy’s planned 311 MW battery energy storage system on the Midland Highway in Victoria is ready to get off the ground, after Allens helped the project secure $460 million in financing.

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Apache loses strike-out bid in $83M tax credit spat with Santos
Energy & Natural Resources 2025-11-06 11:41 pm By Sam Matthews

Several Apache Corporation units have failed to block Santos from withdrawing admissions in a long-running fight over $83 million in tax credits related to Apache’s $2.1 billion sale of certain assets, with a judge finding Apache’s prejudice arguments were “significantly overstated”.

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ATO dealt major blow in $948M capital gains dispute with YTL Power
Tax 2025-11-04 11:04 pm By Cindy Cameronne

The tax commissioner has suffered a major loss in a dispute with Malaysian power company YTL Power over a $948 million capital gain from the sale of its stake in South Australia-based ElectraNet in 2022.

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Court to hear class action firm’s novel application to vary GCO rate
Class Actions 2025-10-29 11:55 pm By Sam Matthews

A judge will appoint a contradictor to weigh in on a class action’s novel bid to vary the rate of a group costs order, just two months after the court approved a lower rate than was sought by the firm that’s running the case.

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Construction PRO
Australian Pacific Coal claims ex-CEO breached duty with mine agreement
Energy & Natural Resources 2025-10-30 11:55 pm By Julia Kanapathippillai

A judge has found there is a genuine dispute over an agreement for the recommissioning of Australian Pacific Coal’s Dartbrook coal mine in the Hunter Valley and refused to toss a suit alleging its ex-CEO breached her duty by entering into the agreement. 

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Fortescue fails in push for seized docs from green iron start-up
Intellectual Property 2025-10-28 11:02 pm By Cindy Cameronne

Andrew ‘Twiggy’ Forrest’s Fortescue can’t get access to nine million seized documents in its trade secrets spat against green iron start-up Element Zero.

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Construction PRO
Government fast-tracks approval for Western Downs BESS
Energy & Natural Resources 2025-10-29 11:23 pm By Cat Fredenburgh

The federal government has approved a battery energy storage system in the Western Downs region in Queensland in just 19 days.

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Law firms slug it out for Paladin Energy class action prize
Securities 2025-10-27 11:56 pm By Christine Caulfield

A contest to run a class action against Paladin Energy played out Monday, with two law firms each positioning themselves as the better bet, one for their funding and resources, the other for their contingency fee rate.

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Construction PRO
Alinta scores win in fight with contractors over Wagerup power station
Energy & Natural Resources 2025-10-28 11:11 pm By Cindy Cameronne

Alinta Energy has won an urgent injunction against former contractors working on the Wagerup power station in Western Australia, saying delays on the project have caused daily losses of $137,000 in revenue since mid-July. 

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Construction PRO
Rio Tinto mulls closure of Australia’s largest aluminium smelter
Energy & Natural Resources 2025-10-28 11:16 pm By Julia Kanapathippillai

Mining giant Rio Tinto is considering ceasing operations at Australia’s largest aluminium smelter amid rising energy costs.

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