Contact Energy Sale of Rockgas for $260m

Sale of Rockgas – $260m

  • Cameron Partners advised Contact Energy on the sale of its Rockgas subsidiary to First Gas subsidiary, Gas Services NZ Midco, for $260m
  • As part of the transaction, Cameron Partners facilitated the negotiation of a long-term marketing alliance and services agreement which will allow Contact Energy to continue to offer LPG to its customers
  • Contact Energy is New Zealand’s largest electricity retailer and second-largest electricity generator.  Rockgas is a wholly owned subsidiary of Contact concerned with the wholesale and retail distribution of LPG
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