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NZ presses on with Meridian float
The New Zealand government has announced that the state-owned energy company Meridian Energy will be partially privatized. A joint statement issued by State Owned Enerprises Minister Tony Ryall and Finance
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OneWind wins US$75m investment
US energy and resources private equity firm Denham Capital Management is to invest $US75 million in a new renewable energy company OneWind Australia. OneWind Australia’s other partners will include National
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Algae.Tec in $1m capital raising
Australian biofuel company Algae.Tec Ltd has announced it it has raised $1 million in fresh capital from investors. The company, which has a market capitalisation of $63 millionwill offer over
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Big retailers snub renewables
Two of Australia’s largest energy retailers, which provide half of Australia’s energy supply have halted the long-term contractual agreements with renewable energy suppliers. Pacific Hydro’s executive manager of corporate affairs,
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Carnegie Wave raises $8 million from investors
Australian renewable energy developer Carnegie Wave Energy has managed to raise $8 million, $2.5 million more than its targeted $6 million, in a share purchase plan due to a stronger
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Infigen looks at asset sales
Financially encumbered Australian renewable energy developer, Infigen Energy is looking at the possibility of selling off a portion of its Australian assets in a move to ease its $1 billion
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Westpac announces $8 billion for sustainability
Westpac Group has announced an $8 billion sustainability investment program to provide lending for clean technology and affordable housing over the next five years. Westpac said the program is an
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Fresh capital for green companies
New funding injections have been welcomed by Australian renewable energy companies this week. Australian Wave Technology company Carnegie Wave Energy Ltd said it has sourced $5.8 million in funding in
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RET has brought “$18 billion investment”
Research released by the Clean Energy Council has shown that Australia’s Renewable Energy Target has returned more than $18 billion worth of investment in the renewable energy sector in the
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AGL threats to boycott SA
South Australia’s biggest energy supplier, AGL has threatened to suspend future investment in power generation in South Australia, warning that changes in electricity pricing regulation in South Australia and Queensland






