Business
New Energy Solar to sell Australian solar farms – The Australian Financial Review
The sale of two solar power projects in NSW comes after a strategic review found the complexity of New Energy Solar’s portfolio was partly behind its undervaluation…
The strategic review of New Energy Solar, carried out by RBC Capital Markets, identified “material interest” in the company’s solar assets from both domestic and overseas investors. Proceeds from the targeted sales would be used for a potential share buyback or capital return, and to pay down debt.
New Energy Solar chief executive John Martin said RBC indicated “large global energy businesses may be interested” in acquiring the assets, but would not be drawn on the likely buyers. He also declined…
-
General22 hours agoa pivotal moment in Liberal power struggle
-
Noosa News22 hours agoTayla Harris stars as Melbourne defeats Essendon by 14 points
-
General20 hours agoRussia launches its biggest attack on Ukraine’s gas network since war began on the eve of winter
-
General12 hours agoWork to do: net-zero jobs yet to resonate in classroom