Stuart MacGregor

Clayton Utz
Partner Brisbane

Stuart is a first-rate partner with deep technical expertise who is highly skilled at advising on complex and material matters.

– Energy & Natural Resources - Australia - Chambers & Partners 2024

Overview

Stuart is an accomplished energy and resources lawyer known for his expertise in navigating the complex and ever-evolving landscape of energy and resources law. He has established himself as a go-to legal expert for clients seeking guidance on mergers and acquisitions, joint ventures, developments and regulation in the energy, resources and infrastructure industry.

Notable Work
  • EQT Infrastructure: acted as Australian counsel on its recommended public offer for OX2, a leading renewable energy platform, offer valued at approximately A$2.3bn.
  • Squadron Energy: advised on its acquisition of CWP Renewables, comprising of a broad portfolio of wind, solar and firming projects in New South Wales and Victoria, the largest renewable energy portfolio sale in Australian history and winner of the Mergermarket Australian M&A Awards 2023 Infrastructure Deal of the Year.
  • Enel Green Power Australia: advised on the establishment of an Australian renewable energy co-investment platform with Japanese oil and gas major INPEX (including initial A$326 million sell-down of 50% of Enel Green Power Australia's business). 
  • Idemitsu: advising on a proposed 250MW Pumped Hydro Project to be developed in the Hunter region in New South Wales (a joint venture with between Idemitsu and AGL).
  • Alinta Energy: advised on co-development arrangements with Parkwind to build, own and operate the Spinifex offshore wind farm, to be located near Portland in Victoria, Australia, including the initial sell-down of a 50% interest in the project to Parkwind. 
  • Japan Suiso Energy: advising on the co-development of a commercial-scale hydrogen production, liquefaction, storage and export facilities at the Port of Hastings, Australia, targeting an export capacity of 2.55 billion cubic meter per annum by mid-2030s, supported by a multi-billion dollar  Japanese government grant.
  • ENERPARC AG: advising this German-headquartered renewable energy project developer, on the sale of its Australian solar photovoltaic (PV) generation portfolio to the investment arm of the world’s largest IKEA retailer, Ingka Group.
  • Idemitsu: advising on its recent acquisition of 15% of Western Australian lithium, explorer Delta Lithium Limited (ASX:DLI) via private share placement, sale of its interest in Ensham coal mine (operated in joint venture with LG).
  • Ecora Resources PLC (previously Anglo Pacific): advised on its acquisition of a high-quality portfolio of royalties from South32 over advanced development stage copper and nickel projects across multiple jurisdictions (including Australia, South America and USA).
  • Maverix Metals Inc (Now Triple Flag): advised on the acquisition of a portfolio of 22 royalties (the Royalty Portfolio) from Barrick Gold Corp. The Royalty Portfolio comprises 22 royalties, including on development, advanced exploration and exploration stage projects located predominantly in Canada, the United States, and Australia.
  • JOGMEC and Sojitz Corporation / Japan Australia Rare Earths B.V: acting on a transaction involving both equity and debt financing equity and debt finance transaction with ASX-listed Lynas Corporation, which produces one of the world highest grade rare earths in Mt Weld mine in Western Australia, and continues to act for JARE in relation to the ongoing relationship with Lynas Corporation.
Insights
Change of control: When is it unreasonable to withhold consent?
4 Nov 2024 | Article
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The Commonwealth Government launches Australia's Hydrogen Strategy 2024
10 Oct 2024 | Article
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Co-location and hybrid projects to be a key part of the energy transition
4 Sep 2024 | Article
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Media Release: Clayton Utz advising Nippon Steel Corporation on its acquisition of a stake in the Blackwater Mine
29 Aug 2024 | Media Release
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Mining lease objections under review – have your say by 13 September 2024
22 Aug 2024 | Article
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Capacity investment in Australian renewable energy projects – applications now open and first set of tender guidelines released for Government revenue underwriting scheme
13 Jun 2024 | Article
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Queensland powers up its energy transition with new Bill
9 Nov 2023 | Article
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Federal Government's new $10 billion Capacity Investment Scheme
28 Sep 2023 | Article
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Consultation opened for Illawarra Offshore Wind Zone
25 Aug 2023 | Article
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Media Release: Clayton Utz assists Osisko Bermuda Limited on US$150m copper and silver stream transactions with Metals Acquisition Limited
20 Jun 2023 | Media Release
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Gippsland offshore wind – time to partner up and pay up
24 May 2023 | Article
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Get ready for fast-tracked investment for critical minerals and clean energy in Australia under new US-Australia Compact
22 May 2023 | Article
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Media Release: Clayton Utz advises on ENERPARC AG's sale of Australian solar portfolio
12 Apr 2023 | Media Release
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Last minute Safeguard Mechanism Reforms introduce new obligations
3 Apr 2023 | Article
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Media Release: Clayton Utz advises JARE on A$200 million capital investment and priority supply agreement with Lynas Rare Earths Ltd
16 Mar 2023 | Media Release
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Queensland Government opens the valves on hydrogen pipeline regime – make a submission now
13 Mar 2023 | Article
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Miners and manufacturers have until 17 March to comment on Federal Government's National Battery Strategy
2 Mar 2023 | Article
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Capacity Mechanisms in the National Electricity Market? A discussion on regulated energy markets
22 Feb 2023 | Article
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NSW Generation LTESAs – Top 10 Bankability Considerations
7 Feb 2023 | Article
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NSW Government coal market price emergency powers in force, so check your supply arrangements now
23 Dec 2022 | Article
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Media Release: Clayton Utz advises Squadron Energy on acquisition of CWP Renewables
8 Dec 2022 | Media Release
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M&A Report November 2022
24 Nov 2022 | Article
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NSW LTESAs – Project Bid deadline closing this week!
26 Oct 2022 | Article
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Media Release: Clayton Utz acts as Australian counsel to Canada’s Maverix Metals Inc. on $50m royalties portfolio acquisition from Barrick Gold Corp
9 Sep 2022 | Media Release
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Media release: Clayton Utz advises Mitsui on the disposal of its interests in the BHP Mitsui Coal (BMC) Joint Venture
12 Aug 2022 | Media Release
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China establishes mineral resources group to centralise iron ore purchasing
4 Aug 2022 | Article
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FIRB application fees will double from 29 July: what you need to know
25 Jul 2022 | Article
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Media Release: Clayton Utz advises Anglo Pacific Group plc on US$185m acquisition of base metals royalties from South32
21 Jul 2022 | Media Release
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NSW embedded networks inquiry closing soon
7 Jul 2022 | Article
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AEMO takes action: Wholesale electricity spot market suspended, so review energy purchase agreements
17 Jun 2022 | Article
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Leading energy companies sign up to trial Australia’s Hydrogen Guarantee of Origin certification scheme
9 Jun 2022 | Article
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M&A Report 2022
11 May 2022 | Article
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Australian offshore wind guide
5 May 2022 | Article
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Foreign investment threshold reduced to 10% for expanded list of Australian businesses deemed to be "critical"
3 Feb 2022 | Article
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Australian Hydrogen Guarantee of Origin certification scheme to be trialled over the next 18 months
23 Dec 2021 | Article
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Toward net zero: Australia and Korea ink $100 million deal on clean energy technology and critical minerals investment
23 Dec 2021 | Article
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The hydrogen revolution: Federal Government offering grants to establish Regional Hydrogen Hubs
28 Oct 2021 | Article
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Clean energy transition: NSW to offer revenue underwriting for selected renewable projects
19 Aug 2021 | Article
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Federal Court's final orders in children's novel climate change case clarify duty of care, but impact still to play out
9 Jul 2021 | Article
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A proposed Hydrogen Guarantee of Origin Scheme: A major step in Australia becoming a world leader in the hydrogen sector
8 Jul 2021 | Article
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Three significant climate change developments in Australia and overseas with implications for resource projects
27 May 2021 | Article
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China's unofficial trade ban on Australian commodities: Does your supply contract provide relief if you can no longer perform?
23 Dec 2020 | Article
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Statutory land access agreements and new compensation rules for NT petroleum operations: what you need to know for 2021
23 Dec 2020 | Article
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Significant Australian foreign investment reforms commencing 1 January 2021
11 Dec 2020 | Article
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Queensland mining & resources changes come into effect from 1 July 2020
29 Jun 2020 | Article
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Parliamentary inquiries open the dialogue on nuclear energy and uranium mining
2 Apr 2020 | Article
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Changes to foreign investment review in Australia under temporary COVID-19 measures
30 Mar 2020 | Article
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Bushfires, floods and coronavirus COVID-19: Does your contract's force majeure clause provide any relief?
5 Mar 2020 | Article
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Duplication and inefficiency under the microscope in Productivity Commission study into resources sector regulation
18 Oct 2019 | Article
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Queensland's new land access regime now in force – so update your land access strategy
24 Apr 2019 | Article
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Media Release: Clayton Utz advises Australia Pacific LNG on the purchase of the Ironbark project
4 Mar 2019 | Media Release
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New decision rejects long-standing arguments concerning greenhouse gas emissions
12 Feb 2019 | Article
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Liquidators' power to disclaim environmental liabilities and obligations upheld (for now)
25 Oct 2018 | Article
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A new Beetaloo Sub-basin Water Control District – fracking inquiry recommendation implemented
2 Aug 2018 | Article
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Fracking in the Northern Territory gets a green light but there is work to be done
26 Apr 2018 | Article
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Clayton Utz advises Canada's Copper Mountain Mining Corporation on Altona Mining acquisition and ASX listing
24 Apr 2018 | Media Release
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The future of hydraulic fracturing in the NT to be decided - Inquiry's Final Report released
29 Mar 2018 | Article
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Disclaimers and the obligation to comply with environmental protection orders
15 Mar 2018 | Article
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Financial Provisioning Bill for financial assurance and rehabilitation in Queensland reintroduced, open for submissions
21 Feb 2018 | Article
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Draft Social Impact Assessment Framework for NT hydraulic fracking inquiry released ‒ have your say
25 Jan 2018 | Article
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NT fracking inquiry draft final report released - have your say
13 Dec 2017 | Article
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New Financial Provisioning Bill for financial assurance and rehabilitation in Queensland
26 Oct 2017 | Article
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Majority rules! Parliament acts to make Indigenous land use agreements viable again
14 Jun 2017 | Article
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Requirement to report MDL and ML holders' exercise of underground water rights - 6 March 2017 deadline looming
28 Feb 2017 | Article
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Legislative fix for McGlade native title decision to confirm ILUAs due this week
14 Feb 2017 | Article
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