Processing timeline
16
days
Filed
14 May 2026
Decision Due
29 June 2026
Est decision date: 12 June 2026. Based on 2 decided Energy, Utilities & Waste notifications.
Acquirer
Volt Managed Investment Trusts
Target
HMC Energy Transition Platform
Other parties
Perpetual Corporate Trust Limited (as trustee for Volt Managed Investment Trust 1), The John Laing Group Limited, The Trust Company (Australia) Limited (as trustee for Volt Managed Investment Trust 2), HMC CAPITAL LIMITED, HMC Energy Transition No. 3 Holdings Pty Ltd as trustee of the HMC Energy Transition No. 3 Trust
KKR-backed Volt Managed Investment Trusts propose a A$355 million investment into HMC Capital Limited's Energy Transition Platform. The transaction involves loan notes and share warrants in Volt HoldCo Pty Ltd, converting to a minority equity interest. This deal is within the electricity generation and storage assets sector.