NZ's largest wind farm in $3 billion sale
15 Mar 2021
WIND FARM developer and operator Tilt Renewables is being split between New Zealand’s Mercury Energy and Australian investors in a $3 billion deal announced to sharemarkets in both countries this morning.
The Powering Australia Renewables consortium (PowAR), a partnership between AGL, investment manager QIC and the Future Fund, will acquire all Tilt shares (including the 20 per cent held by Mercury) plus operations in Australia.
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Story copyright © Carbon News 2021
Gas supply reducing faster than forecast
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