Campbell Lutyens advises QIC on A$370 million equity raise for Pacific Energy
Campbell Lutyens advises QIC on A$370 million equity raise for Pacific Energy London / Brisbane (May 28, 2025) -- Campbell Lutyens, a leading global private markets advisor, announces its partnership with QIC on the successful completion of a A$370 million equity raise for Australia’s largest remote energy platform, Pacific Energy Group (PEG). The project was delivered alongside a separate A$1.6 billion debt refinancing.
The raise includes new equity commitments from investors across Australia, Asia and North America. With a contracted capacity of 946MW across 48 sites, the PEG platform will continue to support Australia’s ongoing energy transition, delivering on strong customer demand and a deep pipeline of development project.
The round was substantially oversubscribed and takes the total amount of equity capital raised for Pacific Energy over the past 18 months to A$500 million.
Aiva Sperberga, who led the project for Campbell Lutyens, said: “With an infrastructure track record spanning nearly two decades, QIC is at the forefront of enabling Australia’s transition to a low-carbon economy. Investor demand for high quality energy transition assets remains strong and we are pleased to support QIC and Pacific Energy in moving the dial toward a more sustainable future.”
Over the last 10 years Campbell Lutyens has raised and advised on more than $318 billion in private equity, private credit and infrastructure fund placements, secondary advisory and GP capital advisory assignments.