BREAKFAST DEALS: Goldman's power play

Goldman Sachs wins a coveted role in the privatisation of NSW's power assets, while BlueScope receives a valuable endorsement.

Goldman Sachs is finishing off a disappointing year for investment banks on a high note by securing the advisory role for the NSW government’s electricity privatisation. BlueScope Steel has shown the market how it’s done with a series of deals culminating in some positive endorsements from analysts. Meanwhile, Talison Minerals have a difficult decision ahead of them, Horizon Oil is calling big energy firms interested in PNG gas exports to the table and Nathan Tinkler is back in the swing of making deals, although this is a small one.

NSW electricity privatisation, Goldman Sachs

Goldman Sachs apparently beat out three other heavyweights for perhaps the most coveted advisory role for an investment bank in Australia for 2012.


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