Save Share Billionaire Sanjeev Gupta appears to have saved the Whyalla steelworks after cementing a $430 million refinancing of the steelworks and his Tahmoor Coal operations, replacing funding which had previously stemmed from the collapsed Greensill Capital. Mr Guptaâs GFG Alliance said on Wednesday the new financing agreement âis sufficient to pay out its Greensill debt in fullâ on the funding for the Liberty Primary Metals Australia entity that owns the Whyalla steelworks and Tahmoor operations in NSW. Sanjeev Guptaâs GFG has secured a refinancing of the Whyalla and Tahmoor coal operations in Australia. It is understood the agreement has been struck with San Francisco-based White Oak Global Advisors.