Australia’s biggest listed solar company to be wound up after selling US portfolio
23 Aug 2022

NEW ENERGY SOLAR, the biggest listed solar investor in Australia, is to be wound up after agreeing to sell its remaining portfolio of 14 US solar farms to a company run by US investment bank giant Goldman Sachs.
The $US244.5 million ($A352 million) deal follows the $288 million sale last year of its two Australian solar farms – decisions driven by the board’s frustration that stock market investors had failed to properly value the company.
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