The Australian arm of London-based investment manager
Foresight Australia Funds Management Ltd.’s flagship renewables fund, which manages A$2 billion, will purchase NZCE and finance the company’s three late-stage hybrid solar and battery projects as they begin construction, according to a joint release from the two firms. The companies declined to disclose the value of the acquisition. NZCE has a pipeline of more than 2 gigawatts in development.
The global energy transition is raising ...