Tilt strategy still emerging - Mercury

Tue, 21 Aug 2018

By Gavin Evans Aug. 21 (BusinessDesk) - Mercury NZ needs to participate in wind development if it is to materially benefit from the shift to renewables, but says it’s too early to say how its investment in Australia’s Tilt Renewables will play out. Tilt has the best pipeline of development options in Australia’s fast-growing renewables market and that’s why Mercury bought into the Melbourne-based business, chief executive Fraser Whineray told analysts and investors today. Building its own platform of projects in Australia would have ta...

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