Sebastian is a trusted adviser to major energy and resources businesses and sovereign and government-backed institutions on their most significant transactions. He combines deep sector knowledge with experience across the full transaction lifecycle, including competitive auctions, strategic investments (including by sovereigns), joint ventures, restructurings and cross-border deals, building long-standing relationships with clients he has advised across multiple transactions, in multiple jurisdictions over many years.
Career highlights
- CIMIC Group: Advised long-standing client CIMIC on its A$1.18bn acquisition of the remaining 40% interest in Thiess Group, returning the global mining services business to full CIMIC ownership. This is the latest in a long-standing relationship advising CIMIC on its interests in Thiess, including its earlier AU$2.2bn divestment of a 50% interest in Thiess to Quarry Services Holdings (funds managed by Elliott Management Corporation), one of the largest M&A transactions by value in Australia at the time, and the equity funding and joint venture arrangements for $350m of equity capital to fund Thiess' off-market takeover of MACA Limited.
- KfW (German Raw Materials Fund): Advised Kreditanstalt für Wiederaufbau on its €50m strategic equity investment in ASX-listed Arafura Rare Earths Limited to support development of the Nolans Rare Earths Project in the Northern Territory.
- TCorp: Advised on its US$100m investment in Cyan Renewables Pte. Ltd the Singapore-based offshore wind vessel operator.
- OR Royalties Inc: Advised NYSE-listed OR Royalties on the acquisition of a portfolio of production and pre-production gold royalty streams (including over mines and projects in Western Australia) from Gold Fields Limited for $160m.
- Gold Fields Limited: Advised Gold Fields in relation to its acquisition of the Granny Smith, Lawlers and Darlot gold mines, based in Western Australia, from Barrick Gold for US$300m.
- Deutsche Bank AG: Advised Deutsche Bank as sole placement agent, investment bank and transaction sponsor to ASX-listed Gold One International Limited (previously Aflease Gold), on the issuance of a $100m convertible bond.
- GVK Group: Advised on its acquisition of majority interests in the Alpha, Alpha West and Kevin's Corner coal and associated rail and port development projects for $1.3bn.
- Rio Tinto: Advised Rio Tinto and Oyu Tolgoi on all aspects of the development of a novel agreement to govern their co-operation with the Khan Bogd soum and the local aimags in Mongolia, including the funding, development and governance of infrastructure in the region.
- EDF Renewables: Advised on its acquisitions of the Newcastle Offshore Wind (a company tendering for a pre-feasibility licence in the Hunter offshore wind zone) and development rights for a multi-stage hybrid solar project and battery energy storage system in Queensland.
- Mongolian Mining Corporation: Advised the joint provisional liquidators of Hong Kong listed Mongolian Mining Corporation on a debt restructuring of US$800m through parallel schemes of arrangement in the Caymans and Hong Kong.
- Goldman Sachs: Advised in relation to its debt financing of Tronox Limited's acquisition of Exxaro Resources minerals sands business.
- FRV: Advised FRV in relation to its acquisition of the 90MW Sebastopol Solar Farm from Ib vogt.
- ENEOS Corporation: Advised ENEOS on the disposal of its 15% interest in the Bulga coal mine, NSW to Glencore.