Campbell Lutyens Advises QIC on A$370 Million Deal
Deal News | May 28, 2025 | Campbell Lutyens
Campbell Lutyens, a renowned global private markets advisor, has successfully assisted QIC in executing a A$370 million equity raise for Pacific Energy Group (PEG), Australia's largest remote energy platform. This equity raise was carried out alongside a significant A$1.6 billion debt refinancing. The new capital attracted commitments from investors in Australia, Asia, and North America, indicating strong investor interest in energy transition assets. This raise brings the total equity capital accumulated for Pacific Energy to A$500 million in the past 18 months. Campbell Lutyens was represented by Aiva Sperberga, emphasizing their experience in infrastructure investment to foster sustainable energy futures. Over the past decade, Campbell Lutyens has facilitated over $318 billion in various private equity and infrastructure projects.
Sectors
- Private Equity
- Energy & Utilities
Geography
- Australia – Australia is the primary focus due to the location of Pacific Energy and the role of QIC in the equity raise.
- Asia – Investor interest in the equity raise came from this region, indicating its significance.
- North America – North American investors participated in the funding, highlighting its geographic relevance.
Industry
- Private Equity – This article centers on a significant equity raise and financial advisory services, which are key components of the private equity industry.
- Energy & Utilities – The involvement of Pacific Energy, a major player in Australia's energy transition, links the article to the energy and utilities sector.
Financials
- A$370 million – Equity raised for Pacific Energy Group.
- A$1.6 billion – Debt refinancing accompanying the equity raise.
- A$500 million – Total equity capital raised for Pacific Energy over the past 18 months.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Campbell Lutyens | Advisory Firm | Companies | A leading global private markets advisor that facilitated the equity raise for Pacific Energy. |
| QIC | Investment Manager | Companies | An investment manager at the forefront of Australia's energy transition, partnering in the equity raise. |
| Pacific Energy Group | Target Company | Companies | Australia's largest remote energy platform benefiting from the equity raise. |
| Aiva Sperberga | Project Leader | People | Led the equity raise for Campbell Lutyens. |