Partners Group is understood to have hired investment bank Macquarie Capital for a sale of its renewable energy company CWP, estimated to be worth up to $3bn.
CWP Renewables is one of the largest renewable energy power producers in Australia.
It has been created by way of a merger between Grassroots Renewable Energy established by Partners Group and CWP Renewables in 2020.
Market experts believe that the business could be worth somewhere between $2bn and $3bn.
CWP Renewables generates about 2000 mega watts of power through its Sapphire, Bango and Crudine Ridge Wind Farm assets in NSW, along with its solar and battery projects.
Australia-based CWP is a leading renewable energy developer, having already developed over 761 megawatts of generation, valued at more than $1.7bn.
The company is ramping up ahead of the closure of the Liddell power station and other coal-fired generators.
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