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.
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 was appointed the probity and independent transactions adviser by The Treasury providing transaction and probity advice in relation to the Social Housing Reform Programme. He was also the probity adviser to a consortium of 9 (of the 12) regional councils in relation the procurement process conducted for the provision an interim bus ticketing system. He provides specialist probity advice to the Ministry of Business Innovation and Employment in respect of procurement activities.
He 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. He advised the Crown in relation to the interim arrangements with Rocket Lab which enabled the construction of rocket launch facilities in New Zealand and rocket launches in advance of the adoption of a regulatory regime.
Peter’s merger and acquisition experience includes transactions involving registered banks (including ANZ on the acquisition of National Bank), finance companies, generation and transmission assets and entities, telecommunications, technology, and manufacturing assets.
He has extensive experience in the electricity sector having acted for 20 of the then 48 power boards on their corporatisation, the merger of Capital Power and Energy Direct, as well as the establishment of Meridian Energy. 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, transmission and back up supply arrangements, electricity services agreements and gas and electricity purchase agreements, and regulatory advice. He is extensively advising on health and safety issues in this sector.
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. He is currently engaged in acting in respect of a new generation facility involving, drilling contracts, EPC and equipment supply contracts, fluid conveyance systems and various associated contractual arrangements.
He has also acted on the first substantive application for exemptions from the requirements for compliance with all the arm-length rules under the Electricity Industry Act 2010.
Peter is admitted in New Zealand as well as in Victoria and New South Wales, Australia.
Contact Peter Castle
Level 1 Solnet House
70 The Terrace
Phone: +64 4 974 5950
Mobile: +64 21 668 641