Elon Musk is not a counterparty that Aussie core-plus infrastructure dealmakers bump into often while hunting for deals. But that’s about to change – well, sort of.
Tesla, capitalised at $US715 billion ($1 trillion) on the Nasdaq, has hung the for-sale sign at its South Australian virtual power plant, which was billed as the world’s biggest when former SA Premier Jay Weatherill announced it during the 2018 elections.
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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
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
