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CDPQ, IFM, AusSuper eye $1.6b Neoen stake, but GPG debacle looms large

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Things are powering up at fast-growing French renewables player Neoen.

Street Talk understands sell-side adviser Bank of America has asked parties interested in taking a stake of as much as 30 per cent in the company’s local portfolio of energy assets to submit indicative offers within two weeks.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/cdpq-ifm-aussuper-eye-1-6b-neoen-stake-but-gpg-debacle-looms-large-20240505-p5fozg