WebJan 4, 2024 · The consortium is comprised of long-term Australian investors, with Spirit Super holding a 51% interest and Palisade Investment Partners holding a 49% interest. … WebACCC flags competition concerns over GeelongPort deal Infrastructure Investor The watchdog is worried Palisade’s 100 percent stake in the Port of Portland could …

Palisade, Stonepeak hire Gresham in Port of Geelong bid

WebJan 4, 2024 · The deal nets Sydney-based Palisade another stake in a Victorian port, after snapping up the remaining 40 per cent shareholding in the Port of Portland in the state’s west. That 2024 deal saw ... WebNov 28, 2024 · Along with Geelong, Palisade’s stakes in both ports may – over the medium to long term – reduce competition between Portland and Geelong in servicing bulk cargo customers, the ACCC noted. The port of Geelong is a bulk commodity port in Victoria. It is Victoria’s largest bulk commodity port, handling approximately 40% of Victoria’s ... rugby cmht

Palisade joins AMP Capital in bid for half stake in Geelong Port

WebSep 14, 2024 · September 14, 2024. Palisade Investment Partners and Stonepeak Infrastructure Partners are understood to have hired advisory firm Gresham as part of their efforts to buy the $1.2bn Port of Geelong. The Sydney-based advisory firm has plenty of experience working on port assets, having advised the consortium consisting of the … WebJan 5, 2024 · “The Spirit Super and Palisade consortium is considered a responsible and capable custodian of the asset, with a longterm investment horizon, ports management expertise, and local knowledge to support its ownership of the Port of Geelong and contribute to the broader economic development of the Geelong region,” State Super and ... WebJan 4, 2024 · GeelongPort has been sold to Spirit Super and Palisade Investment Partners in a deal touted to be worth $1.2bn. The sale sees Spirit Super gain 51 per cent in GeelongPort, the operator of the port in the Victorian waterfront city of Geelong. scarecrow parts printable