Business
AustralianSuper bids $5.1b for clean energy investor Infratil – The Australian Financial Review
If Infratil’s board accepts the offer, the $180b superannuation giant would delist the firm and run it as a private company, a practice increasingly popular among…
Marko Bogoievski, Infratil CEO, said on Monday that while the company continued “to be highly supportive of Tilt and its management team … the strong interest in Tilt has tipped the balance in favour of initiating the strategic review today”.
In August the company advised shareholders not to expect new projects in Australia for the foreseeable future as it struggled with insufficient capacity in the electricity grid that has severely curtailed output at its new $650 million Dundonnell wind farm…
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