Tilt eyes Snowtown 2 sale to free up capital

Tue, 25 Jun 2019

By Gavin Evans June 26 (BusinessDesk) - Tilt Renewables is considering selling its 270 MW Snowtown 2 wind farm in South Australia. The project, completed in 2014 alongside its original 101 MW Snowtown development, is Tilt’s largest operating asset and one of the largest wind farms in Australia. Its power and renewable energy certificates are contracted out to 2035. Tilt says the firm’s high-quality development pipeline offers potential for near-term investment in a strong revenue contracting environment. Given that, it needs to be sure...

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