The coal miner responsible for firing up Queensland's Callide power stations, Batchfire, is pitching prospective debt and equity investors for fresh funds.
Street Talk understands Batchfire, which bought the Callide mine in central Queensland from Anglo American in October 2016, is seeking to raise up to $100 million debt and is considering an equity investment worth about $25 million.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
