Buddle Findlay is pleased to have advised Contact Energy on its acquisition of Simply Energy. Contact Energy took full ownership of Simply Energy on 31 August 2020 after acquiring a 49.96% shareholding in June 2019.
Wellington Corporate partner Steve Nightingale and special counsel Renee Stiles led the transaction, with support provided by senior solicitors Fran Zhao and Nicola Boyce-Bacon.
The acquisition provides Contact Energy with an opportunity to leverage Simply Energy's innovative and agile platform to supply sustainable energy to its customers.