Australia

The Australian government’s flagship policy still faces a battle to secure support in Parliament, as well as from wavering state governments.

Infratil and Mercury launched a joint bid to take 100% ownership of Tilt Renewables, which holds 11% of Australia’s installed wind capacity.

The Hong Kong giant’s bid is subject to approvals from the FIRB and the ACCC regarding foreign investment and competition concerns, which could force a divestment of assets.

Policy survives crucial meeting, but Victoria and Queensland want the ruling Coalition to first rubber-stamp it, as they call for a clause to stop emissions targets from decreasing over time.

The group’s access to detailed traffic information is at the core of the Australian watchdog’s concerns as it vies with IFM Investors to win approval for the project.

Frederic Devos is the latest addition to the new unit, which includes former Hastings CEO Andrew Day.

Heavyweight Australian investors back a new workplace diversity initiative as LPs admit the issue is a factor in their investment decision-making.

Clean Energy Finance Corporation makes $112m commitment to the new closed-ended fund that will target ‘high-growth’ assets.

The debt investment, which could reach $1bn, will support Tillman Infrastructure’s rollout of about 1,500 cell towers across the US.

The Walsh & Co-managed entity has secured a 15-year PPA for 69% of Beryl Solar Farm’s output and is considering a battery installation to enhance risk-adjusted returns.