This is the Climate Bonds Initiative’s biggest Green Loan certification for the year thus far
Herbert Smith Freehills Kramer (HSF Kramer) has guided Australian and New Zealand-based utility services provider and digital energy management specialist Intellihub on the refinancing and upsizing of its debt facilities, which is now valued at ~$3bn.
According to the firm, this is the biggest Green Loan certification handed out by the Climate Bonds Initiative this year thus far. The tailored financing package consists of certified green loans worth $2.55bn and NZ$510m.
The funds will be used by Intellihub to invest in offerings like its Zelora platform, which was established in partnership with Bunnings.
PEP client relationship and finance partner Hayley Neilson spearheaded HSF Kramer’s team on the transaction. She received support from senior associate Kelvin Choy and solicitor Matthew Bramich.
Intellihub is owned by Pacific Equity Partners and Brookfield Asset Management.
