Baker McKenzie Advises Morgan Stanley Infrastructure Partners on its Acquisition of Epic Energy

We are pleased to have advised leading international private capital manager Morgan Stanley Infrastructure Partners (MSIP) on the acquisition of 100% of the shares in the Epic Energy group from Australian Retirement Trust.

Epic Energy owns and operates a diverse range of energy infrastructure assets, including almost 1,500 kilometres of gas transmission pipelines—among them the Moomba to Adelaide Pipeline System (MAPS)—and a renewable energy portfolio of approximately 162 MW, comprising wind, solar and battery energy storage assets across South Australia and Victoria.

“This transaction represents a significant investment in Australia’s energy infrastructure sector and reinforces the attractiveness of high-quality regulated and contracted energy assets. We are delighted to support MSIP on a transaction involving complex commercial, regulatory and financing considerations, and to help deliver a successful outcome,” said M&A Partner Lucas Tyszkiewicz.

“We were very happy to help MSIP design and implement an underwritten and syndicated multi-facility debt solution that delivered appropriate debt sizing for the business and helped provide transaction certainty,” said Banking & Finance Partner Miles Wadley.

Baker McKenzie advised on all aspects of the transaction, including M&A, financing and regulatory matters.

Lucas and Miles were assisted by a multidisciplinary team including John Nielsen, Lynsey Edgar, Emma Panhuber, Willem van der Wilt and Joanne Ong.