renewables

The government could also support new coal-fired power stations as PM Malcom Turnbull gives in to pressure from MPs within his own party.

Wymen Chan is joining from Armstrong Asset Management and will lead the manager’s Singapore-based investment team from September.

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.

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.

Lincoln Clean Energy is the first of the 15 portfolio companies to be fully exited by the vehicle, which is currently generating a 18.2% net IRR.

Tages Helios II is a successor to a €253m vehicle that closed in June 2017 and can also invest in wind assets.

The world’s third-largest public pension fund is particularly interested in GPs with renewables funds and will accept foreign GPs’ proposals if they have a presence in Korea.

The firm becomes the latest to embrace Taiwan’s renewables revolution, joining the less sought-after solar market.

The new fund has a target IRR of 5% and already owns a portfolio of 12 assets purchased from a previously liquidated SPARX fund.