Deals

The South Australian government has opened the sales process for the struggling Whyalla Steelworks, saying potential buyers had already shown strong interest.

Pub owner O’Hara Hotel Group has sold the Parkurst Tavern in Rockhampton to a privately owned Queensland pub group for a reported price of $24 million.

Danish renewables company European Energy has closed a $130 million financing package for two solar projects in Victoria and NSW.

EnergyAustralia has entered into a joint venture with EDF Power Solutions Australia to develop the Lake Lyell pumped hydro energy storage project in Lithgow, NSW.

The 12-storey corner office block overlooking the Victorian Supreme Court, which has housed Douglas Menzies Chambers since 1992, has been sold for a reported $23 million, with its barristers moving down the street. 

The Australian Renewable Energy Agency has invested $19.8 million in a joint venture between BlueScope, BHP, Rio Tinto, Woodside and Mitsui Iron Ore Development to develop a decarbonised steel facility.

Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia's off-grid mining industry.

Rail operator Aurizon has secured agreements with BHP to provide logistics for the mining giant's South Australia copper operations over the next 15 years, estimating total revenues of $1.5 billion.

The NSW government has announced an additional $835 million investment in Western Sydney's Aerotropolis, which the government expects will become a "thriving economic centre" with its proximity to the city's new airport.

A consortium led by the investment arm of Abu Dhabi's National Oil Company has launched a $30 billion takeover bid for Santos, the energy giant said Monday.