Profile of Kate Axup

Kate Axup

Partner, Sector Leader, Energy, BA LLB (Hons)

About Kate Axup

Kate leads the Allens energy sector. She acts for sponsors, banks and offtakers on a wide range of transactions in the energy sector across Australia, with a focus on green energy. During her career, she has been based in the firm's Melbourne, Hong Kong, Shanghai and Beijing offices.

Kate's experience includes advising:
  • EnergyCo (NSW) – on the procurement of the 700MW Waratah Super Battery, as part of the NSW Government’s Electricity Infrastructure Investment Roadmap.
  • Gippsland offshore wind – a bidder on its application for a feasibility licence in the Gippsland offshore wind process.
  • Brookfield/EIG – the Brookfield and EIG consortium on its proposed acquisition by scheme of Origin Energy for an implied enterprise value of A$18.4 billion.
  • CWO REZ – a connecting generator on the access rights process and documentation for the Central West Orana Renewable Energy Zone.
  • Tilt Renewables – on its bid to acquire the CWP Renewables business pursuant to a competitive sale process.
  • Kwinana Power Station – Foresight Group and Sumitomo on the refinancing of the project finance facilities for the Kwinana gas fired power station in Western Australia.
  • Confidential bidder – on its bid to acquire a hybrid solar and battery development project in Victoria pursuant to a bilateral process.
  • APA – on its participation in the Central Queensland Hydrogen Projects.
  • Macquarie/Engie – on the development of the 150MW utility-scale battery at Hazelwood.
  • Meridian Energy – on the $740m sale of the Meridian Australian assets (wind and hydro) to Shell and Infrastructure Capital Group.
  • Acciona – on the development of the 923MW Macintyre wind farm project in Queensland, and on the sale of the 100MW Karara wind farm project to CleanCo.
  • QIC – acting for QIC on its acquisition of Pacific Energy by scheme of arrangement.
  • CKI – acting for the CKI consortium in respect of its proposed $13b takeover of the APA Group.
  • John Laing – on the divestment of its portfolio of wind farms in Australia.
  • PPAs – generators and clients across a range of industries in relation to corporate PPAs with wind, solar and BESS facilities adopting a variety of different structures. Clients include tilt Renewables, Zen Energy, Sydney Airport, CBA, WestConnex, Newcrest and Orora.
  • AGL and PARF (now Tilt Renewables) – on the establishment of its Powering Australian Renewables Fund and on the sale and project financing of the Broken Hill and Nyngan solar power stations, the Silverton wind development project and the Coopers Gap wind development project into the PARF.
  • Iberdrola – in relation to its investment in, and the construction of, the Port Augusta renewable energy park, including both a solar and wind facility.