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The merged entity will retain the CWP Renewables branding and is one of the largest portfolios of wind assets in Australia.
First Sentier’s Danny Latham said that investors are increasingly focused on ‘utility-style’ assets and that the firm has been pursuing Australian renewables for some time.
The firm has acquired the second stage of the Murra Warra wind farm project from RES and Macquarie Capital's GIG after buying the first stage of the project in 2018.
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