Foresight to Acquire NZ Clean Energy and Invest $360 Million
6 Articles
6 Articles
Foresight Group Agrees To Acquire NZ Clean Energy, Marking Its First Entry Into New Zealand’s Clean Energy Market
Foresight has agreed to acquire NZ Clean Energy, a New Zealand renewable energy platform, through its Australian Renewables Income Fund. This acquisition, worth over A$500 million, includes three solar projects and enhances Foresight's regional strength. As New Zealand’s electricity demand rises, the partnership aims to accelerate new clean energy capacity development. The post Foresight Group Agrees To Acquire NZ Clean Energy, Marking Its First…
Foresight invests $500 million to acquire New Zealand Clean Energy
Investment heavyweight Foresight Group has entered the New Zealand market for the first time with a $500 million commitment to acquire local developer New Zealand Clean Energy and its extended portfolio that includes three ready-to-build solar and BESS projects.The Australian arm of London-headquartered investment firm Foresight Group has acquired renewable energy development platform New Zealand Clean Energy (NZCE) via its Asia-Pacific energy t…
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