UPDATE: Tilt advances Waverley, withholds dividend

Thu, 09 May 2019

(Updates with company comment from seventh paragraph.) 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 a...

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