Hawkesbridge Private Equity manages over $200 million in private equity funds for institutional investors. Hawkesbridge invests in management buyout and expansion capital opportunities.
Hawkesbridge Invests in Yilgarn Infrastructure
16 March 2007
Hawkesbridge Private Equity is pleased to advise that is has made an initial $2m convertible note investment in Yilgarn
Infrastructure Limited with the right to invest a further $8m over time.
Yilgarn is an infrastructure project services business which aims to provide resource mining companies in the mid-west region of
Western Australia with efficient rail and port services, on an open-access, common-user basis.
The current project encompasses the development of:
a new deep water port at the Oakajee Industrial Estate, which is approximately 25km north of Geraldton, and
a rail network to service all the existing, and potential new, iron ore mines in the region from Oakajee/Geraldton to both the Weld
Range and Jack Hills areas and the Koolanooka, Blue Hills and Mt Gibson areas
Yilgarn has signed conditional agreements with two ASX listed mining companies, Midwest Corporation Limited and Gindalbie Metals Ltd to
work together to develop a combined rail port transport solution for their processed iron ore reserves.
Yilgarn has also executed a conditional US$1.5bn debt-finance agreement with China's EXIM Bank to fund the project and has
secured significant support from several sophisticated Australian and Chinese investors.
