Daniel Kemp
The government’s decision to keep a 23 July bid deadline for the sale of Sydney Motorway Corp would require Transurban to submit before the competition watchdog issues its ruling on the move in September.
The ACCC’s continued competition concerns and the postponement of its decision until September could also delay the sale process of the toll road operator, with final bids due on 23 July.
The Granville Wind Farm commitment is CEFC’s largest Tasmanian investment to date and the fourth asset owned by the Palisade Renewable Energy Fund.
The Grattan Institute finds a correction from the historic oversupply in Australia’s energy market will ensure high wholesale prices will remain for a long time.
Amid uncertainty in many other markets around the world, Australia’s infrastructure pipeline remains strong, despite the end approaching for big-ticket privatisations, a group of industry experts argue.
The company’s CEO says changes to market conditions in the country prompted the $84m move for the 55.9MW facility in New South Wales.
A local bid for Australia’s largest natural gas pipeline company would face fewer regulatory hurdles than the current $9.8bn offer from Hong Kong’s CK Infrastructure. But the size of the equity cheque required is proving daunting for local investors and GPs.
Matt Whineray, who has been with the vehicle since 2008, will take the helm of the $26.3 billion fund on 1 July.
QIC head, Ross Israel predicted technological change would create a combat zone between incumbent owners and those looking to disrupt them with fresh models.
Discrepancies between policies and questions surrounding major projects have created confusion but will not stop renewables deployment.