Daniel Kemp
AMP Capital chairman John Fraser also resigned along with AMP Ltd chairman David Murray as shareholder pressure leads to changes at the top.
‘Unanticipated concerns’ from AEMO over Dundonnell Wind Farm caused Tilt to signal that it will fall below its earnings guidance range this year.
The Australian company will pay A$460m to re-acquire a 15% stake in AMP Capital from the Japanese bank and is addressing company culture issues its CEO says.
The fund manager scaled back its final close ambitions from A$1bn due to the coronavirus pandemic.
The firm has acquired the second stage of the Murra Warra wind farm project from RES and Macquarie Capital's GIG after buying the first stage of the project in 2018.
Superannuation members will know have until 31 December to withdraw A$10,000 from their accounts, extended from the previous deadline of 24 September.
The firm has made Patrick Trears its new global head of infrastructure debt, as four senior executives depart in the wake of Boe Pahari’s appointment as CEO in June.
The deal marks the first time a stake in TransGrid has been sold since it was privatised in 2015 on a 99-year lease for A$10.3bn.
After a change in the rules allowed members to withdraw almost A$16bn from their accounts, We investigate whether the sector is able to absorb the shock.
The A$52 billion industry superfund has set a target to achieve net zero emissions in its portfolio by 2050, with renewables set to play a major role in the transition.