Herbert Smith Freehills Kramer advises Intellihub on ~A$3 billion debt refinancing

Herbert Smith Freehills Kramer (HSF Kramer) has advised digital energy management business Intellihub on the refinancing and upsizing of its now ~A$3 billion debt facilities.

Intellihub is an Australian and New Zealand-based utility services provider and digital energy management specialist owned by Pacific Equity Partners (PEP) and Brookfield Asset Management. It is Australia’s largest provider of smart metering systems, and is a key player in energy transition through its solar, battery, electric vehicle (EV) charging, digital energy management, and pool efficiency offerings.

The bespoke financing package, comprising of A$2.55 billion and NZ$510 million in Certified Green Loans, is the largest Green Loan certification provided by the Climate Bonds Initiative in 2025 to date. The financing will assist Intellihub with its continued investment into its offerings, including its recently launched Zelora platform in partnership with Bunnings.

The HSF Kramer team was led by PEP client relationship and Finance partner Hayley Neilson, with support from senior associate Kelvin Choy, and solicitor Matthew Bramich.

Hayley said, “It was a pleasure to work with Intellihub on this important transaction, which will help Intellihub on its mission to help more homes across Australia and New Zealand be more energy efficient.”

This is the latest example of HSF Kramer’s market-leading work in private equity and financing, and of its work with Intellihub and PEP over many years.

The firm advised on Intellihub and its shareholders, including PEP, on the sale of securities, a new share subscription, and the establishment of a new strategic joint partnership with Brookfield in 2022.