M&A Deal Summary

APA Acquires DirectLink

On December 20, 2006, APA acquired renewable energy company DirectLink for 170M USD

Acquisition Highlights
  • This is APA’s 1st transaction in the Renewable Energy sector.
  • This is APA’s 3rd largest (disclosed) transaction.
  • This is APA’s 5th transaction in Australia.

M&A Deal Summary

Date 2006-12-20
Target DirectLink
Sector Renewable Energy
Buyer(s) APA
Deal Type Add-on Acquisition
Deal Value 170M USD

Target

DirectLink

Australia
DirectLink a transmission asset linking the New South Wales and Queensland power grids.

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Buyer(S) 1

Buyer

APA

Sydney, Australia

Category Company
Founded 2007
Sector Utilities
Employees1,900
Revenue 3.2B AUD (2025)
DESCRIPTION

APA owns, operates, and management of gas pipelines, gas processing plants, a gas-fired power station, gas storage facilities, power transmission lines, etc. APA owns and/or operates over 14,000 kilometres of natural gas pipelines, gas storage facilities, and a wind farm. APA was founded in 2000 and is based in Sydney, Australia.


DEAL STATS #
Overall 5 of 14
Sector: Renewable Energy M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 7
Country: Australia M&A 5 of 14
Year: 2006 M&A 2 of 2
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-30 Murraylink

Australia

Murraylink is a 180km, HVDC 220 MW transmission link between Red Cliffs in Victoria and Berri in South Australia.

Buy $153M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-02 Origin Energy Networks

Australia

Origin Energy Networks engages in the distribution or transmission of gas, Origin Energy Networks operates under long-term contracts and has highly predictable revenue and cash flow streams.

Buy -