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.