Connect with us

Business

Sanjeev Gupta puts SA solar farm, battery projects on the block – The Australian Financial Review

Sanjeev Gupta’s GFG Alliance is considering selling its Cultana solar farm and Playford battery projects to raise cash to keep its global empire afloat.

Published

on

Article feature image

The potential sales come as Mr Gupta strives to bed down a new financing deal with US investment group White Oak Global Advisors, and Credit Suisses attempts to seize the Whyalla steelworks are delayed until early July.
Sanjeev Gupta has been striving to secure a new financing deal for his GFG Alliance.
 AP
The NSW Supreme Court on Thursday accepted a plan to stretch out legal action initiated by the Swiss bank in early April, when applications were filed on its behalf to wind up OneSteel Manufacturing…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending