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Citi, Skye advise Palisade on winning bid for Downer’s Repurpose It

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Palisade Impact, the core-plus infrastructure house set up by ex-Macquarie duo Steve Gross and Jeremy Wernert, has won the auction for Downer EDI’s Victorian waste management business, Repurpose It, with a $220 million bid.

Palisade Investment Partners’ Jeremy Wernert and Steve Gross. Tash Sorensen

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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
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/citi-skye-advise-palisade-on-winning-bid-for-downer-s-repurpose-it-20231110-p5ej05