NewsBite

New Energy Solar

September

The fridge-in-reverse that can cut $1000 from home energy bills

Heat pump hot water systems can deliver large savings on energy bills, but there are issues to be aware of.

  • Nila Sweeney

October 2022

Sun Cable CEO sells Paddington terrace for more than $7m

CEO of solar export juggernaut sells his Sydney house for a windfall, while former EY strategist lists Potts Point stunner.

  • Bonnie Campbell

August 2022

New Energy Solar’s expected to wind down and return capital to shareholders following the sale of its US assets.

New Energy Solar gets NAV for US assets

New Energy Solar’s decision to sell assets and return capital to investors has been vindicated. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

May 2022

E&P managed New Energy Solar has called for indicative bids by May 23.

RBC ramps up New Energy Solar auction

ASX-listed New Energy Solar, which landed on the auction block in March, is gearing up for the first round of bids.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

June 2021

Street Talk.

Banpu nabs NEW solar farms

Thailand’s Banpu has agreed a deal to acquire New Energy Solar’s Australian solar farms.

  • Sarah Thompson, Anthony Macdonald and Tim Boyd
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May 2021

New Energy Solar’s Beryl solar farms is one of two assets on the block

Lighthouse, Palisade, Banpu bid for NEW assets; bids May 19

It’s heating up in the race for New Energy Solar’s Australian solar farms. 

  • Sarah Thompson, Anthony Macdonald and Tim Boyd

March 2021

Humm, Brighte and Plenti are battling it out to win the $2 billion-plus financing market for rooftop solar and battery installations.

Plenti to offer buy now, pay later for solar to take on Humm, Brighte

After losing a fight in the ACCC, ASX-listed Plenti will launch buy a now, pay later product to capture more of the $2 billion rooftop solar panel and battery market.

  • James Eyers

February 2021

New Energy Solar’s Beryl is one of two assets it has put up for sale.

New Energy Solar expects to sell plants by mid-year

The solar operator’s stock dropped 5 per cent to 77¢ after it posted a $79.1 million loss.

  • Elouise Fowler

January 2021

John Martin, CEO of New Energy Solar has found a buyer for Mount Signal 2 close to home.

New Energy Solar sells Mt Signal stake to related fund

After six months of searching, New Energy Solar has sold a stake in a key asset to another fund in the Evans Dixon stable.

  • Jonathan Shapiro

December 2020

Infratil up 112pc as pension funds circle

Specialist renewable energy infrastructure investor Infratil, with stakes in wind, solar and hydro companies, has seen its share price surge more than 110 per cent since late March amid hopes for a takeover deal.

  • Elouise Fowler

November 2020

The South Australian government has announced $37 million to upgrade green hydrogen and ammonia export facilities.

SA makes strategic investment for green hydrogen future

South Australia's state budget on Tuesday will include $37 million to upgrade green hydrogen and ammonia export infrastructure ahead of a $240 million project.

  • Ronald Mizen
Solar is winning out on costs alone, says New Energy Solar CEO John Martin.

Costs predicted to overcome politics for US solar power

Clean energy under a returned Trump government would be a fraction of what would be likely under the Democrats' ambitious environmental targets

  • Angela Macdonald-Smith

October 2020

The Beryl solar farm in NSW is one of the two assets to be sold.

New Energy Solar to sell Australian solar farms

The sale of two solar power projects in NSW comes after a strategic review found the complexity of New Energy Solar's portfolio was partly behind its undervaluation on the market.

  • Angela Macdonald-Smith, Jonathan Shapiro and Elouise Fowler

August 2020

FILE IMAGE: The Western Downs Green Power Hub will be CleanCo's second, and Neoen's first project in Queensland.

New Energy Solar write-downs inflict $55.6m loss

New Energy Solar stock crashed to its second lowest point ever on Friday.

  • Elouise Fowler and Jonathan Shapiro

May 2020

New Energy Solar's Beryl solar farm in NSW.

NSW to kick-start renewable energy investment

NSW has called on business to pitch for its $4.4 billion renewable energy zone to kick-start investment amid a slowdown in new wind and solar commitments.

  • Elouise Fowler
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December 2019

Evans Dixon is trying to improve independence and narrow discounts on its funds- including the US Masters Residential Fund

Evans Dixon makes changes to Walsh & Co board

Evans Dixon has recruited two independent directors to the board of Walsh & Co.

  • Jonathan Shapiro and Carrie LaFrenz

November 2019

John Martin, CEO of New Energy Solar, has called in the bankers to help sell two assets.

New Energy Solar bankers up for divestments

Solar farm owner New Energy Solar has hired investment bank Jefferies to help with two potential asset sales. 

  • Updated
  • Sarah Thompson, Anthony Macdonald and Tim Boyd
Companies resent the onerous reporting and governance requirements that come with a public float.

What's behind London's sinking number of public floats?

Brexit uncertainty and the lure of private equity are sapping the number of new listings on the London Stock Exchange.

  • Hans van Leeuwen

August 2019

Policy turmoil is reducing solar investment, says the CEO of New Energy Solar.

Energy policy 'turmoil' hampers solar investment

New Energy Solar flagged it will take a break from local investment due to energy market and policy turmoil, as it unveiled its half year results.

  • Tim Boyd

July 2019

New Energy Solar's Beryl solar farm in NSW came into operation in June.

Kellogg's signs up for solar power amid volatile price outlook

The deal comes amid warnings of risks for less sophisticated buyers from locking into direct renewables purchasing deals.

  • Angela Macdonald-Smith

Original URL: https://www.afr.com/company/new-htq