AIMCo acquires AusNet with consortium

Company

Alberta Investment Management Corporation (AIMCo)

Law Firm / Organization
Dentons Canada LLP

Company

Healthcare of Ontario Pension Plan (HOOPP)

Law Firm / Organization
Dentons Canada LLP

Company

Investment Management Corporation of Ontario (IMCO)

Law Firm / Organization
Dentons Canada LLP

Alberta Investment Management Corporation (AIMCo), Healthcare of Ontario Pension Plan (HOOPP) and Investment Management Corporation of Ontario (IMCO) acquired AusNet Services Ltd., alongside Brookfield Asset Management Inc., Sunsuper Superannuation Fund and Canada’s Public Sector Pension Investment Board, in a deal valued approximately $9.4 billion (A$10.2 billion).

A cross-regional team of Dentons lawyers in Canada and Australia advised AIMCo, HOOPP and IMCO in this deal. The Canada team was led by Vivek Bakshi and Bill Jenkins, with assistance from Mark Jadd, Jamie Thomas, Brian Kearl and Miranda Neal. The Australia team was comprised of Kym Livesley, Cameron Steele, Urvashi Seomangal and Jane Kuo.

Merger & Acquisition
Energy
$ 9,400,000,000
Closed
17 February 2022