Russell McVeagh assists QIC in its successful acquisition for 50% interest in Vector Metering

Russell McVeagh client, QIC Private Capital, has successfully completed its purchase of 50% of Vector Limited's New Zealand and Australian metering business. This is a strategically important transaction which will see QIC working with Vector Metering, a leading company in New Zealand’s energy transition market, to grow its smart metering platform across New Zealand and Australia.

Led by partners Ian Beaumont and Ben Paterson, Russell McVeagh's team is pleased to have acted as lead deal counsel for QIC on this significant energy market transaction, with the team including partners Liz Blythe, Tom Hunt and Greg Neill, senior associates Hannah Wilson-Reddy, Emily Murray-Joubert and Simon Mackley, senior solicitor Angus Hancock, as well as solicitors Daisy Archibald, Waka Ramanlal, Tyrone Toia, Daniel Keleghan and Riki Kahukiwa.

Russell McVeagh worked together with Herbert Smith Freehills who acted as QIC's Australian legal advisers, and Chapman Tripp, Harmos Horton Lusk and King & Wood Mallesons who acted for Vector.

You can read more about this transaction here.