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Zenith Energy upsizes debt refinancing to $1.8b-plus as bids loom

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Remote power specialist Zenith Energy may have lost the $8.8 billion APA Group as a suitor, but its bankers are wheeling out a big-ticket refinancing just in time for first-round bids.

Liontown Resources’ Kathleen Valley lithium mine, for which Zenith built a hybrid offsite plant. 

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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/zenith-energy-upsizes-debt-refinancing-to-1-8b-as-bids-loom-20250202-p5l8y7