Announced
Financials
Tags
Pending
Acquisition
Australia
Majority
Friendly
solar farms
Single Bidder
Domestic
Private
Renewable Energy Equipment
Synopsis
Banpu Energy, an energy company, agreed to acquire two Australian solar farms of New Energy Solar, a renewable energy development company, for A$288 ($223m). Following the divestment, New Energy Solar will operate solely in the US, where utility-scale solar deployments are expected to reach a new high in 2021 thanks to state support mechanisms for renewable energy projects.
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