Tilt advances Waverley project, withholds dividend

Wed, 08 May 2019

By Gavin Evans May 9 (BusinessDesk) - Tilt Renewables says it expects to execute an off-take agreement for the 130-megawatt wind farm it plans at Waverley within weeks. The Melbourne-based developer has been in talks with Genesis Energy on the southern Taranaki project since October. Today Tilt said the “investment grade” off-take contract and the pricing certainty provided will underpin a debt package for the project. Credible contractors have been shortlisted for the project and an investment decision is expected by the end of the y...

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