Allens has advised Pacific Equity Partners (PEP) on its proposed acquisition of a 50 per cent interest in LMS Energy.
LMS Energy is the country’s largest landfill gas operator, with 36 biogas-to-energy facilities, 26 biogas flaring facilities and six solar projects. It focuses on emission reduction through the capture and abatement of methane, and reducing the impact of waste and fossil fuels in the environment.
‘We congratulate our longstanding client, Pacific Equity Partners, on its acquisition of a 50 per cent interest in LMS Energy,’ said lead Partner Noah Obradovic.
‘The transition to zero carbon energy is impacting almost every sector and industry in our economy. As a result, energy transition is now a driving force underpinning significant M&A transactions and investment opportunities.
‘This acquisition by PEP is a further demonstration of the importance that leading private capital providers will play in the energy transition.’
Allens advised on all aspects of the transaction, drawing upon a cross-practice team of experts in M&A, funds, energy, employment, technology, finance, IP and others.
