Palisade Investment Partners A$282 million acquisition of North Queensland Gas Pipeline

Overview:

• Palisade Investment Partners has acquired North Queensland Gas Pipeline for A$282 million.
• The North Queensland Gas Pipeline is a 391km gas transmission pipeline commissioned in 2004 with an expected useful life of 50 years.
• The pipeline is North Queensland only source of natural gas.
• The acquisition was funded through senior secured debt and equity from Palisade's investors.

Katrin Kostadinova - Data analyst