Tilt Renewables
Australian utilities company / From Wikipedia, the free encyclopedia
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Tilt Renewables Pty Ltd is an Australian electricity generation company. It was previously dual listed on the New Zealand stock exchange and Australian stock exchange. As of 2022, the Powering Australian Renewables has merged with Tilt Renewables following a complex acquisition and merger, making it the largest private developer and generator of renewable electricity in Australia.
Company type | Private company |
---|---|
Industry | Energy |
Founded | 2016 |
Headquarters | , Australia |
Services | Electricity |
Website | www |
On 15 March 2021, a takeover was announced with support from the largest shareholders and independent board members. The proposed scheme of arrangement would be worth A$2.75 billion by a consortium where the New Zealand assets would be taken over by Mercury NZ and the Australian assets by Powering Australian Renewables Fund – itself a consortium of AGL Energy, QIC Global Infrastructure Fund and the Australian Government's Future Fund.[1]