Australia

The asset manager has sold a 51% stake in the asset through the listing, although the share price immediately fell upon opening.

The dual-listed company, launched and managed by Morrison & Co, says AustralianSuper’s offer materially undervalues its portfolio.

Australia’s energy minister says that blue hydrogen, where the fuel is produced using traditional gas, would be part of the mix and would enable the country’s industry to scale up faster than others.

The merged entity will retain the CWP Renewables branding and is one of the largest portfolios of wind assets in Australia.

The roadmap makes 37 recommendations for participants in the financial system that will help achieve net-zero emissions by 2050 and go further than government policy.

Mike Fitzpatrick, who founded Hastings Funds Management in 1994, is hoping to raise A$200m for a vehicle that will invest in funds managed by ICG and ATLAS.

State government aims to deliver 20GW of wind and solar over the next decade and increase certainty for investors.

Pariter will invest in local community schemes in Australia over as long as 30 years, to ‘create long-term partnerships and value’.

The firm is cementing its focus on North American infrastructure with the appointment of John Ma to the role, following Niall Mills’ promotion to global head in May.

University of Wollongong exercises right to buy back accommodation units early, resulting in its withdrawal from the process and prompting asset manager to reconsider the portfolio sale.