Finance
Infratil commits US$223m to new Asian renewables venture
Gurin will invest in developing wind and solar projects and storage solutions. (Image: Deposit Photos)
Infratil is committing US$233 million to set up a renewable energy development platform headquartered in Singapore called Gurin Energy.Infratil chief executive Jason Boyes said Asia offered a significant opportunity for Infratil to enter markets which are following a "transition to renewables" roadmap laid out by Europe and North America a decade ago.Infratil already has a similar platform in the United States, Longroad Energy, in which it had $325.9m invested at March 31. More recently, in February 2020, it set up Galileo Green Energ...
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