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…
-
General9 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
General12 hours agoAustralia’s race to rewire the country amid a global transmission boom is not unique
-
Noosa News24 hours agoFree flow of information vital to WHS – Proctor
-
Noosa News23 hours agoSunshine Coast Airport receives green light for major upgrade opening doors to growth jobs and tourism across the region