Biography
Tim Kennedy is a partner in the Mergers & Acquisitions practice group, based in Sydney.
Tim primarily advises companies and investment funds on acquisitions, divestments and joint venture arrangements. He also advises on project development, in particular joint development and equity structuring arrangements for individual projects and project portfolios, and offtake arrangements.
Tim focuses on the energy and infrastructure sectors. His clients include leading companies in these sectors, and energy and infrastructure-focused investment funds. Tim has deep experience advising on transactions and projects involving renewable and non-renewable power generation, LNG, upstream oil & gas exploration and production, power transmission, gas transportation and mining assets.
Tim is recognised as a leading corporate lawyer (Best Lawyers) and project development lawyer (IFLR1000).
Experience
Canadian Solar on the sale of the Gunnedah and Suntop solar farms (combined 345MW) to CalEnergy (owned by Berkshire Hathaway), including entry into development partnership arrangements with CalEnergy in respect of Canadian Solar's pipeline of development assets;
Genesis Energy on its joint venture with FRV to develop, construct and own solar projects in the North Island of New Zealand;
A shortlisted bidder on its proposed take private of Tilt Renewables (approximately AUD 3 billion)*;
Tilt Renewables on its sale of the 270MW Snowtown 2 Wind Farm to Palisade Investment Partners Limited and First State Super for AUD 1.07 billion*;
Beach Energy on its AUD 1.585 billion acquisition of Lattice Energy, Origin Energy's upstream conventional oil & gas business, including the negotiation of several multibillion-dollar gas sales agreements*;
Harbour Energy Limited on its AUD 14.4 billion proposal to acquire Santos Limited*;
CVC, the Carlyle Group and Neptune Energy on the Australian aspects of Neptune's USD 3.9 billion acquisition of Engie's global petroleum exploration and production business*;
Jemena on several market-leading energy transition projects in Australia, including the Western Sydney Green Gas Project in New South Wales (one of Australia's first green hydrogen gas projects), the new gas lateral pipeline to connect to Australia's first LNG import terminal at Port Kembla, New South Wales, and the Malabar Biomethane Project in New South Wales (Australia's first biomethane-to-gas project)*;
The State of Papua New Guinea and its national petroleum company, Kumul Petroleum, on negotiations with ExxonMobil (as operator) and its joint venture partners on the multibillion-dollar development of the P'nyang gas field, including a third train alongside the existing USD 19 billion PNG LNG project, and across from Total SA on the USD 15 billion Papua LNG Project*;
Jadestone Energy on its acquisition of the Montara field from PTTEP and the Stag field from Quadrant Energy and Santos Limited*.
*Experience prior to joining White & Case