June 2023
Tasmania sells defunct Bell Bay station to Iberdrola-backed group
ABEL Energy did not disclose the price of the site, which hosts a highly coveted deep water shipping berth crucial for exporting green methanol.
February 2023
This solar pioneer says Rio Tinto boss is wrong on rollout
5B is weeks away from being able to speed up production by between 10 and 20 times, a much-needed advance for the world to meet climate goals.
September 2022
AGL struggles to find its future
The company’s turbulence shows no sign of easing as it tries to navigate its way to a decarbonised future and Mike Cannon-Brookes steps up the pressure.
Why this green energy giant loves Australia
Ignacio Galan, who has spent the last 22 years transforming a sleepy Spanish coal-burning utility into a global renewables superpower, has his eyes firmly set on Australia’s post-carbon transition.
June 2022
Transurban, APA Group ‘ripe for takeout’ in shrinking public market
The surge in inflation is spurring demand for infrastructure assets, with more listed companies forecast to fall off the Australian Securities Exchange as big funds take advantage of the sharemarket turmoil.
July 2021
Rule change clears way for batteries to earn more for power into grid
The Australian Energy Market Commission said energy rules needed to become more flexible to adapt to the flood of renewables coming into the grid.
October 2020
Big Tesla battery to fire up NSW energy transition
A large storage system to be installed in western Sydney using Tesla's lithium-ion Megapacks should help with grid stability as coal power generation reduces.
Green hydrogen taking off but more funding needed
Proposed green hydrogen projects are rising across the globe but funding shortages mean half of them are not expected to be operational until 2035.
September 2020
UAC Energy sells Infigen stake, Iberdrola wins takeover battle
The Spanish giant has emerged with 97 per cent of Infigen's shares on issue and the right to full control of the company.
August 2020
Infigen Energy profit tumbles 90pc, Iberdrola marches towards takeover
Infigen Energy's profit tumbled 91.5 per cent during the 2020 financial year in its last results before the expected takeover by Spanish utility Iberdrola.
Nail biting finish to Iberdrola's Infigen bid, index funds out in the cold
Spanish energy giant Iberdrola's 92¢ a share takeover offer for Infigen Energy closes at 7pm tonight but index funds are still holding on to their stakes.
Just in time: Iberdrola takes control of Infigen
Two days before its offer deadline, Spanish energy giant Iberdrola has finally taken control of takeover target Infigen Energy.
ASX gains 0.7pc; BHP soars 4.9pc on iron ore, oil rally
The S&P/ASX200 Index gained 40.9 points, or 0.7 per cent, to 6042.2 points as BHP enjoyed its biggest single day gain since May 19. The miner is trading at its highest since January 24. ResMed slumped 7.4 per cent on ventilator demand warning. Scentre fell 2.3 per cent after warning of a 10 per cent hit to valuations.
July 2020
UAC to foil Iberdrola's bid for full control of Infigen
Philippines-controlled UAC has increased its stake in Infigen Energy to almost 20 per cent, despite letting its takeover bid lapse.
UAC Energy switches to Plan B at takeover target Infigen
Sources say it plans to hang around on the register as a strategic shareholder, after its offer lapsed on Friday.
UAC Energy out of the race for takeover target Infigen
Spanish energy giant Iberdrola is the only horse left in the race to take out Infigen Energy.
Iberdrola's Infigen offer hits 92¢; locks up 38pc of register
Iberdrola's quest to take out Infigen Energy has gathered pace.
Iberdrola ups bid to win Infigen at $893m
The conditional 3.4 per cent increase in the cash offer price from the Spanish utility giant is intended to add some urgency to the stalled takeover process.
Infigen suitor strips out takeover conditions
Spanish utility giant Iberdrola has stripped all conditions from its takeover bid for listed renewable energy firm Infigen.
Iberdrola picks off key Infigen investor
Spanish renewables giant Iberdrola’s pitch to Infigen Energy investors is starting to gain traction.