Michael co-founded Ironstone Capital in 2012 which was rebranded to ICA Partners in 2018. He has over 29 years’ experience advising in the infrastructure and energy sectors. His expertise includes strategic advice, mergers and acquisitions, project finance, listed and unlisted equity.
Prior to Ironstone and ICA, Michael was Head of Energy and Resources at RBS and Co-head of Utilities and Infrastructure at Goldman Sachs. He holds a Bachelor of Economics from the University of Sydney and Chartered Accountant Australia.
Recent advisory roles
- The $3 billion Hunter Transmission Pipeline
- The $1 billion Waratah Super Battery
- Delayed closure of the Eraring Power Station
- Development of the $7 billion Mt Rawdon Pumped Hydro Project
Aaron co-established Ironstone Capital in 2012 which was rebranded to ICA Partners in 2018. He is an experienced infrastructure, transport and power advisor.
Prior to Ironstone and ICA, Aaron was Head of Infrastructure and Transport at the Royal Bank of Scotland. He holds a Bachelor of Commerce / Bachelor of Laws (Honours), and a Master of Commerce (Honours) from the University of Auckland.
Recent Transactions
- Advising Marinus Link Pty Ltd on the development and financing of Marinus Link
- Advising EnergyCo on the procurement of various transmission projects
- Advising Aware Super on its acquisition of 50% of Vocus
- Advising Tasplan on the partial sale of its holding in Hobart Airport
Danny joined ICA Partners in 2014, and is an experienced public sector and infrastructure advisor with corporate advisory expertise also in the healthcare and property sectors.
Prior to joining ICA, Danny worked in the corporate finance teams at Royal Bank of Scotland (formerly ABN AMRO) and Deutsche Bank. He holds a Bachelor of Commerce (Honours) and Bachelor of Laws from Monash University, and is admitted as a Barrister and Solicitor of the Supreme Courts of New South Wales and Victoria.
Recent Transactions
- Adviser to the Commonwealth Government on the financing of Snowy Hydro’s Snowy 2.0 project
- State of NSW’s transfers of its disability and community care services as part of the State’s transition to the National Disability Insurance Scheme
- Adviser to the State of NSW in relation to the Hunter Residences Program (Specialist Disability Accommodation)
- State of NSW’s sale / transfer of the Home Care Service of NSW
Jono Sloan joined ICA Partners in 2025 and has experience working in corporate M&A, debt and equity capital raising, and project finance.
Prior to joining ICA, Jono held positions as a Senior Manager at Armillary and Assistant Vice President at Sumitomo Mitsui Banking Corporation. He holds a Bachelor of Commerce (Finance and International Business) from the University of Canterbury.
Merrick joined ICA Partners in 2016, and has over 20 years of experience advising and working in small to medium businesses covering accounting, audit, reporting, taxation, company secretarial, business management, process improvements and new entity setups.
Prior to joining ICA, Merrick was Global Financial Controller for Partners In Performance – a global management consulting business. He holds a Bachelor of Economics (Accounting) from Macquarie University, and is a Chartered Accountant, Australian & New Zealand.
Dean joined ICA Partners in 2022 with over 15 years experience in the Australian power, utilities and infrastructure market spanning mergers & acquisitions, brownfield expansions and greenfield developments.
Prior to joining ICA, Dean spent 10 years with Snowy Hydro as General Manager Investment and Strategy, Commercial Director for Snowy 2.0 and Project Director for the Hunter Power Project. Preceding Snowy Hydro, Dean was in the Royal Bank of Scotland M&A team, focused on Power and Utilities. He holds a Master of Commerce (Honours) from the University of New South Wales.
Notable Transactions
- Transaction Lead for the $605 million acquisition of Lumo Energy: 500,000 retail electricity and gas customers, the Direct Connect business and a portfolio of diesel generation assets
- Transaction Lead for the $234 million acquisition of the 667 MW gas-fired Colongra Power Station
- Transaction Lead to source $3.5 billion in fresh banking facilities and $1.3 billion equity to fund Snowy 2.0
- Internal management leadership team when the Commonwealth Government acquired 87% of Snowy Hydro Limited from the NSW and Victorian Governments
Nicholas van Beek joined ICA Partners in 2025 through our graduate program, and has experience working on engagements across infrastructure, government, and renewables sectors.
Prior to joining ICA, Nicholas held an Intern position at VCF Capital Partners and a Law Clerk position at Piper Alderman. He holds a Bachelor of Commerce and a Bachelor of Laws from the University of Sydney.
Lily Zhang joined ICA Partners in 2025 through our graduate program, and has experience working in advisory across renewable energy and financial services sectors.
Prior to joining ICA, Lily was a Corporate Advisory Intern at Adara Partners and a Process Safety Engineering Intern at Sherpa Consulting. She holds a Bachelor of Chemical Engineering (Hons) and a Bachelor of Commerce (Finance) from UNSW.
Recent Transactions
- Refinancing of Port of Brisbane’s Bank Facilities and ATLs
- La Caisse’s $1.1bn acquisition of Edify Energy
- Advisor on the greenfield project financing of a 260MW / 1216MWh BESS
- Financing of an Australian PPP HoldCo and regulated asset HoldCo
Marilyn joined ICA Partners in 2023 as recipient of ICA’s Women in Banking Scholarship before returning as a Graduate in 2025, with experience working on engagements across the Infrastructure and Renewable Energy sectors.
Prior to joining ICA, Marilyn was at Challenger Limited as an Investment Management Intern . She holds a Bachelor of Actuarial Studies and Commerce with majors in Finance from the University of New South Wales.
Recent Transactions
- Advised Origin Energy on the acquisition of Yanco Delta Wind Farm
