Allens advises on US$5 billion gas pipeline purchase
Allens has advised APA Group, Australia's largest natural gas infrastructure business, on its US$5 billion (approximately A$6.05 billion) purchase of the Queensland Curtis LNG (QCLNG) pipeline from the BG Group.
The firm also advised APA on its A$1.8 billion capital raising to partly fund the acquisition.
The 543km pipeline links gas fields in the Surat Basin to the QCLNG LNG plant at Gladstone.
The Allens team was led by Guy Alexander and Kate Towey.