Peter Castle

Peter Castle is a commercial barrister advising the public and private sector on a wide range of commercial transactions and matters. He was previously a corporate and commercial partner at Bell Gully.

Peter specialises in general corporate and commercial law advice including corporate transactions, mergers and acquisitions, joint ventures, commercial contracting and procurement and probity advice for large scale procurement projects and Crown asset disposal projects.

In 2008 and 2010 he assisted the New Zealand Treasury implement the Crown Retail Guarantee Scheme and its renewal.

He acted as an independent expert adviser to Treasury in relation to the extension of the Mixed Ownership Model (MOM) in respect of several State Owned Enterprises. In addition to this role he was also the probity adviser to the MOM programme. In that capacity he provided probity advice and assurance in respect of a number of service provider request for proposal processes in relation to the extension of the MOM programme.  He also provided probity advice and assurance in relation to the offer of shares in Mighty River Power, Meridian Energy and Genesis Energy including the institutional bookbuilds and the broker firm bidding processes conducted for two of the offers. He also acted as probity adviser to the bookbuild for the block trade of Air New Zealand shares sold by the Crown as part of the MOM programme

He is currently a probity and independent transactions adviser providing transaction and probity advice in relation to the Social Housing Reform Programme.

He has acted as the probity adviser to Christchurch Earthquake Recovery Authority in respect of the financial and business case adviser appointments as well as other substantial projects undertaken by The Treasury.

He assisted the Ministry of Economic Development in relation to the Pike River Royal Commission of Inquiry and acted for the Crown in relation to the  funding agreement in respect of the recovery of the Pike River mine drift.

He  advised the Crown in relation to its contract with SkyCity Entertainment to build the New Zealand International Convention Centre which role included the provision of advice in relation to the provisions of the required legislation.

Peter’s merger and acquisition experience includes transactions involving registered banks, finance companies, generation and transmission assets and entities, telecommunications, technology, and manufacturing assets.

He advises a number of electricity distribution companies on all aspects of their business including  joint venture arrangements and ownership issues, general contractual arrangements, metering services, and in particular the regulatory regime applicable to distribution companies under the Commerce Act. He provides advice on wind, hydro and geothermal generation projects, co-generation and distributed generation, including joint venture ownership arrangements, land access and investigation arrangements, EPC and equipment supply contracts, steam use, transmission and back up supply arrangements, electricity services agreements and gas and electricity purchase agreements.

He has recently advised on joint ventures in relation to projects in both New Zealand and China.

He has advised corporate trustee and fund managers in relation to a large number of listed and unlisted unit trusts, group investment funds and superannuation schemes, and investment management, custody arrangements and delegations in respect of such investment products.

Peter is admitted in New Zealand as well as in Victoria and New South Wales, Australia.