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Simpson Grierson advises Solid Energy on sale of its mines
2 November 2016
Simpson Grierson advises
Solid Energy on sale of its mines
Simpson Grierson
has advised state owned enterprise Solid Energy New Zealand
Limited (Solid Energy) on the sale of its mines to three
parties.
Phoenix Coal Limited (a joint venture company between Talley's Group and Bathurst Resources Limited) has purchased the Stockton mine on the West Coast, as well as the Rotowaro and Maramarua mines in the Waikato region.
Meanwhile, Greenbriar has bought the New Vale and Ohai coal mines in Southland, and Birchfield Coal Mines has purchased the Strongman and Liverpool mines on the West Coast.
Simpson Grierson's team was led by partner Kevin Jaffe and included Victoria Anderson, Josh Cairns, Michael Wood, Peter Eady, James Craig and Tara Wylie.
ends
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