Apa Group · ASX:APA
Apa — Merger or Acquisition (March 2016)
7 slides from Apa's merger presentation, Mar 29, 2016
Slide 1: Diamantina and Leichhardt Power Stations
For personal use only Diamantina and Leichhardt Power Stations 29 March 2016
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Australian Pipeline Limited (ACN 091 344 704) the responsible entity of the Australian Pipeline Trust (ARSN 091 678 778) and APT Investment Trust (ARSN 115 585 441) (APA Group). For personal use only Summary information: This presentation contains su
Slide 3: Agenda
Agenda For personal use only Overview of the transaction Strategic rationale for the acquisition Diamantina Power Station APA’s Carpentaria Gas Pipeline metering station Leichhardt Power Station March 2016, DPS Acquisition Presentation 3
Slide 4: Overview of the Transaction
Overview of the Transaction For personal use only APA to acquire the remaining 50% of the Diamantina Power Station project (“DPS”) Transaction that it does not currently own from project partner, AGL Energy Limited (“AGL”) Financial close expected by Thursday, 31 March 2016 Comprises: 242MW
Slide 5: Strategic rationale for the acquisition
Strategic rationale for the acquisition DPS is connected to APA’s East Coast Grid Diamantina Power Station – Power Block 1 (of 2) For personal use only Fits APA’s growth strategy by adding further to our energy infrastructure business Leverage APA’s asset management, development and operationa
Slide 6: The acquisition satisfies APA's investment criteria
The acquisition satisfies APA’s investment criteria For personal use only Acquisition on an EV/EBITDA* multiple of around 8 times Acquisition metrics Immediately accretive on an operating cashflow per security basis Sources (A$ million) Uses (A$ million) Existing cash and available $550 Payment
Slide 7: For further information contact
For personal use only For further information contact Yoko Kosugi Delivering Australia’s energy Investor Relations, APA Group Tel: +61 2 9693 0049 E-mail: yoko.kosugi@apa.com.au or visit APA’s website www.apa.com.au