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Announced

Palisade and Aware Super to acquire 49% stake in Stockyard Hill Windfarm from Goldwind for $487m.

Synopsis

Palisade, a private equity firm, and Aware Super, a fund, agreed to acquire a 49% stake in Stockyard Hill Windfarm from Goldwind, a provider wind power solutions, for $487m. “We are pleased to secure this high-quality investment on behalf of our clients. Stockyard Hill provides our investors with exposure to long-term contracted cashflows and represents further diversification across our growing portfolio of renewable energy investments. This acquisition represents a continuation of our strategy to invest across the spectrum of renewable energy assets including high quality greenfield and brownfield projects," James Hann, Palisade Executive Director.

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