Good evening,

Zambrero’s finally got to the end of its fundraising burrito.

Having chewed its through a few rounds of talks, including with US giant Blackstone, the group’s closing in on a $250 million raising anchored by Scott Farquhar’s Skip Capital and a European private markets investor.

The European is Metric Capital Partners, which is a new name for us in Street Talk, and typically targets buyouts, buy-out funding and growth capital in pan-European businesses.

It’ll be the first external dollar that Zambrero founder Sam Prince has taken into the business and is expected to value it at more than $700 million.

The deal’s on track to be signed next week.

Elsewhere, we look at which listed gold groups are kicking tyres as Gascoyne Resources and have spotted a Qatar energy bigwig with a new Australian wind farm deal.

This is the final nightly Street Talk First Look newsletter for 2022.

We’ll do weekly deal updates over the coming month and be back to regular publishing on January 16.

Thanks for reading,

Anthony Macdonald, Sarah Thompson and Kanika Sood

Street Talk Editors