Kiwi infrastructure investor Morrison has joined the bidder queue snaking around Zenith Energy, which builds remote power plants for miners in Western Australia and the Northern Territory. Its owners are shopping a 50 per cent stake in the business at a $2 billion-plus valuation.
Liontown Resources’ Kathleen Valley lithium mine, for which Zenith built a hybrid offsite plant.
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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
