Spark Infrastructure’s boss says there are no signs the company’s renewable project pipeline will be “put on ice” following the board’s approval of the $5.2 billion takeover offer by a consortium led by private equity giant Kohlberg Kravis Roberts.

Chief executive officer Rick Francis said the company’s heavily regulated contract asset base (RCAB) of previously publicly owned electricity networks in NSW, Victoria and South Australia was a bright spot for the bidders because they are a source of reliable revenue.