GIP/Jemena

Jemena is the largest gas distributor in NSW, and the state-owned utilities giant’s slice is expected to be worth $5 billion to $6 billion.

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Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login It’s been eight months since this column reported that Global Infrastructure Partners had thrown its hat in the ring for a 40 per cent stake in Singapore Power-owned gas and electricity distributor Jemena. There’s been plenty of twists and turns since but – as of the weekend – GIP’s local dealmakers were down to the short strokes and expected to secure preferred bidder status over the shareholding, as early as next week, Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe.

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