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Lazard Australia signs up buyers for Meridian Energy

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Lazard Australia has hit the switch on an auction for Kiwi energy company Meridian Energy’s Australian assets, laying down a seven point pitch to potential buyers and asking them to sign to confidentiality agreements to be part of the sale.

The pitch, laid out in a sale flyer and obtained by Street Talk, framed Meridian Energy’s up-for-sale unit as a “unique opportunity to invest in an integrated energy ‘platform’ in Australia”, with capabilities in identifying and developing new renewable energy projects and running generators.

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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
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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Original URL: https://www.afr.com/street-talk/lazard-australia-signs-up-buyers-for-meridian-energy-20210818-p58jvp