Snowtown wind project sale likely to fund more Australian projects for Trustpower

Tue, 19 May 2015

By Pattrick Smellie May 19 (BusinessDesk) - Infratil expects its 68 percent-owned utility Trustpower to sell down its stake in the now completed Snowtown wind power project in South Australia to fund other emerging renewable energy opportunities in Australia, said Infratil chief executive Marko Bogoievski. At a briefing after the release of Infratil's annual earnings for the year ended March 31, Bogoievski described the sale of Snowtown as "Plan A" for pursuing other Australian renewables projects, which are expected to start emerging as...

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