Danny TopperbergDanny Topperberg

Ten questions

The ones he is asked most, answered briefly and in his own words.

Who is Danny Topperberg?
I’m a private investor and the Chairman of Voxen Energy. I’ve spent about twenty years working across property, resources and cross-border capital.
What is Voxen Energy?
A private investment company focused on pipeline gas, LNG and the infrastructure that moves them.
What does the Chairman do?
I lead the board and set how we look at deals: what we’ll consider, what we won’t, and what has to be true before we commit.
How did you start?
My first serious deals were mineral off-take agreements during Australia’s mining boom, negotiated with Chinese state-owned enterprises. That’s where I learned that the contract matters more than the asset.
What kind of deals do you do?
Ones where the commercial structure is as sound as the engineering. Firm supply, a buyer who can pay, workable terms with the state, and a realistic path to financing.
What do most people get wrong about deals?
They think the price is the hard part. It’s the easiest thing in the document, and almost never the thing that decides whether you make money.
What do you look for in a counterparty?
Whether they do what they said they’d do, especially on small things. People who are slow with small commitments are slower with big ones.
Do you invest outside energy?
Yes. My private investments outside energy include hotels and property.
Where are you based?
Sydney and Hong Kong, and on the road a good deal of the time.
How do I get in touch?
danny@topperberg.com