June
How an energy ‘boot camp’ rescued this mega wind farm
Rye Park was running into trouble. Its backer – and key customer – needed its power but owner Tilt couldn’t get it to the grid. Enter AEMO.
- Ben Potter
March 2023
- Exclusive
- Carbon pricing
NZ’s Morrison & Co piles into carbon credit generation
Morrison & Co has acquired a carbon credit generating business targeting rapid growth to meet an expected surge in demand under the safeguard mechanism.
- Colin Packham
November 2022
- Exclusive
- Carbon challenge
Why this $100b fundie will benefit from higher interest rates
Queensland Investment Corporation’s new chief executive Kylie Rampa said the state-owned fund and asset manager was scouring the global for distressed assets.
- Mark Ludlow
August 2022
This $1.8m tower will plug the wind turbine skills shortage
A wind turbine training tower, based at Federation University in Ballarat, will simulate working at heights to help deliver the renewable energy workforce of the future.
- Gus McCubbing
Sun shines on renewables M&A as bidders pay for pipelines
Billion-dollar bids are powering activity in Australia’s green energy sector, as suitors are willing to cough up for development as well as operating assets.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
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.
- Jenny Wiggins
August 2021
‘Resilient and essential’ infrastructure in hot demand
Demand for real assets in an uncertain world and expectations of rising inflation are driving takeover bids, QIC global infrastructure boss Ross Israel says.
- Jenny Wiggins
Nation’s largest renewable energy company calls for net zero
The head of Australia’s largest privately owned renewable energy company has called for the federal government to sign up to net zero.
- Elouise Fowler
April 2021
Tilt snags a better takeover offer, ends bidding war
Tilt Renewables has locked in a more lucrative and final takeover deal at $NZ8.10.
- Elouise Fowler
New Tilt Renewables bid at $NZ8; QIC, AGL consider matching
QIC Ltd and AGL Energy need to decide whether to get into a bidding war with Canada’s CDPQ.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Tilt may jilt AGL and Mercury for ‘superior’ offer
Tilt Renewables is mulling a higher takeover offer, throwing into doubt the $2.7 billion deal struck with AGL Energy’s renewable energy fund and Mercury NZ.
- Elouise Fowler
March 2021
Slim pickings in the stock market
The clean energy sector in the Australian stock market is not yet sufficiently investable, despite the phenomenal performance of a few.
- James Dunn
Infratil’s big war chest has bankers dialled in
Infratil has almost enough cash to swallow Vocus Group.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
- Breaking
- Mergers & acquisitions
AGL’s $2.7b Tilt deal shows keen renewables appetite
The $2.7 billion price paid by AGL’s renewable energy fund to snare Tilt Renewables against competition from multiple rivals is evidence of keen appetite for renewable energy M&A.
- Updated
- Angela Macdonald-Smith and Elouise Fowler
Mercury NZ, QIC advance in Tilt Renewables auction
The bidding field for Tilt Renewables, the $2.3 billion listed trans-Tasman windfarm owner and developer, is narrowing.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
February 2021
QIC’s PoWAR partners up for Tilt Renewables auction
Its renewable energy investment vehicle has teamed up with a New Zealand electricity company to try to buy the trans-Tasman windfarm owner.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
ASX snaps three-day winning streak as AGL, Origin slide
The sharemarket fell 0.9 per cent as Origin Energy tumbled 6.8 per cent on an earnings warning. Rising bond yields hurt Sydney Airport, Transurban and property stocks.
- Updated
- Robert Guy, Vesna Poljak, Sarah Turner, William McInnes and Tom Richardson
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
Investors flock to brisk wind and solar market
Big investors are still lining up to buy high-quality renewable energy projects, which are hitting the market thanks to electricity grid bottlenecks and plunging prices for solar and wind power.
- Elouise Fowler
- Opinion
- Chanticleer
Why Infratil knocked back AusSuper
Infratil's emphatic rejection of AusSuper's $5.1 billion takeover bid speaks to the white hot demand for tech and renewables.
- Updated
- James Thomson