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Zenith Energy has signed a $1.9 billion refinancing, in a deal that also provides the remote off-grid power generation company with $1 billion in growth capital to support new projects.
Veolia wins tender to build $850M Canberra recycling facility
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French waste management company Veolia has signed onto a 20-year project to build and operate a recycling facility in Canberra that will process 1.3 million tonnes of household recycling.
Munich Re can bring fresh claims in $700M case against AMP
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Munich Reinsurance has been given the OK to bring additional claims in its $696 million lawsuit, which accuses AMP of misleading or deceptive conduct over a quota share agreement.
Government grants exploration licence for NSW wind farm
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The Albanese government has granted a feasibility licence to a partnership between Equinor and Oceanex Energy to explore offshore in northern NSW for a planned wind farm project.
Lundbeck, Sandoz end long-running Lexapro patent war
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Pharmaceutical giant Lundbeck has resolved its battle with Novartis unit Sandoz over top-selling drug Lexapro, a battle that has raged for years and across multiple courts.
Tasmanian group fails to block wharf for Robbins Island wind farm
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A Tasmanian community group has lost its challenge to a decision approving the construction of a wharf to facilitate the transport of hundreds of 86 metre-long wind turbine blades for a controversial wind project on Robbins Island.
Canberra developer Geocon files appeal over GST on $113M development
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Canberra developer Geocon has filed a legal challenge seeking a tax refund on sales from a development for 360 residential units.
HSF advises EnergyAustralia on Latrobe Valley BESS
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Herbert Smith Freehills has helped EnergyAustralia secure financing for its Wooreen Energy Storage System project, paving the way for construction on the Latrobe Valley BESS.
Government commits $2.5B for Brisbane Olympics arena
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The Albanese government will allocate $2.5 billion for construction of Brisbane Arena ahead of the 2032 Olympic Games.
WestConnex class action shaken by internal conflict
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A long-running class action against Transport for NSW on behalf of residents displaced by the construction of Sydney’s WestConnex tunnel may face further delays after the funder backing the case sued the lead plaintiffs for $1.4 million.