Infratil says Longroad 'well positioned' despite Trump's renewables cuts

Infratil says Longroad 'well positioned' despite Trump's renewables cuts
Infratil is reassuring investors its US renewables portfolio can handle Donald Trump's executive order on ending subsidies. (Image: Getty)
Garth Bray
Infratil has told investors its portfolio company Longroad Energy is “well-positioned to navigate changes” after United States President Donald Trump issued an executive order instructing the US Treasury to issue new guidance on wind and solar investment incentives to give effect to the One Big Beautiful Bill Act (OBBBA) passed last week.Trump signed the “Ending Market Distorting Subsidies for Unreliable, Foreign Controlled Energy Sources” order yesterday, levelling a charge that the proliferation of wind and solar...

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