Photo: psdesign1 – Fotolia Host of Australian and New Zealand Firms Advise on Wind and Solar Sale
New Zealand's Tilt Energy sells for $2.1 billion.
March 18, 2021 at 01:49 PM
2 minute read
A host of Australian and New Zealand law firms have advised on the $2.1 sale of New Zealand energy company Tilt Renewables, with Ashurst advising the target company.
In a NZ$2.96 billion deal, PowAR, a consortium consisting of AGL, QIC and the Future Fund, will acquire the Australian assets of Tilt, while electricity generator Mercury NZ will acquire the New Zealand assets of the wind and solar farm owner.
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