Peel Renewable Energy

Peel Renewable Energy

Client

Tas Gas

Location

Western Australia

Date

2022

Value

Undisclosed

Sector

Private Sector

Services Provided

Sell side M&A

Adviser to Tas Gas on the sale of their interest in Peel Renewable Energy, demonstrating sell side M&A execution capability

Peel Renewable Energy (Peel) is a vertically integrated electricity generation, distribution, and retail business which owns and operates a cutting edge renewable microgird located in Nambeelup, WA.

The microgrid was developed to service the requirements of the Peel Business Park, a new industrial estate being developed by DevelopmentWA, WA's State Government land developer.

Acton Advisory acted as sole Financial Adviser to Tas Gas on the sale of their 100% interest in Peel to independent power producer Zenith Energy.

The sale successfully reached Financial Close in August 2022.