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Australasia

20 May 2013

Rio Tinto’s head energy chief slams court ruling on coalmine

Rio Tinto Energy’s CEO has warned that more than 150 major New South Wales energy and infrastructure projects, with combined values totalling tens of billions of dollars, are at risk following a court decision to block the expansion of one of its coal mines.

15 May 2013

Wasabi Energy aims to raise $3m through rights issuep

Wasabi Energy, which is listed in Australia and the UK, will today look to raise $3m (£1.98m) through a rights issue.

14 May 2013

Northleaf, Palisade take majority stake in 111MW South Australia wind farm

Canadian investor Northleaf Capital Partners and infrastructure specialist Palisade Investment Partners have acquired a majority shareholding in the 111MW Waterloo wind farm in South Australia from EnergyAustralia.

8 May 2013

Mighty River Power sells $1.4bn in shares ahead of Friday IPOp

More than 113,000 locals have invested in Mighty River Power shares garnering the company NZ$1.7bn ($1.42bn) ahead of its IPO on Friday, set to be the country’s largest.

7 May 2013

Denham invests $75m in 1GW of Australian wind power

Energy-focused private equity firm Denham Capital has invested $75m in a 1GW portfolio of Australian wind power projects currently under development.

2 May 2013

Banks prepare pitches for New Zealand’s Meridian Energy, Genesis IPOsp

A number of banks have been asked to prepare pitches by the end of May for two upcoming initial public offerings due to take place in New Zealand by Genesis Energy and Meridian Energy.

1 May 2013

Toxfree buys two Australian waste firms for $88m

Toxfree Solutions will buy two Eastern Australian waste management businesses in Queensland and Tasmania for A$85m ($88m).

1 May 2013

Virgin teams with jet fuel specialist for Brisbane ‘bio-port’

Richard Branson’s Virgin has partnered with sustainable jet fuel specialist SkyNRG to build a ‘bio-port’ at Brisbane Airport in Australia.

1 May 2013

Wasabi readies to begin pre-IPO fundraising for Asia armp

Wasabi Energy, a clean technology company dual listed in Australia and London, said preparations for a listing of its Asian subsidiary are well underway with it about to hit the fundraising trail.

30 April 2013

Vestas deploys turbine measurement tools at Australia’s 420MW Macarthur wind farm

Wind turbine manufacturer Vestas has deployed three hub height and full rotor wind speed measurement systems at the 420MW Macarthur Wind Farm in Australia.

29 April 2013

Project Overview: Consultation on King Island’s 600MW wind farm extendedp

King Island, in the Australian state of Tasmania, has extended consultation for the A$20bn ($20.6bn) King Island wind farm because local community opinion is still divided.

17 April 2013

Lignol Energy takes stake in Territory Biofuels to restart biodiesel plant

Biofuels technology business Lignol Energy has taken a 40 per cent stake in Territory Biofuels to restart a major plant and glycerine refinery in Darwin, Australia.

15 April 2013

Largest wind farm in Southern Hemisphere goes live in Oz

The 420MW Macarthur wind farm, located in Victoria, Australia, went live on Friday.

11 April 2013

Shenhua and Hydro Tasmania partner in $1.7bn Australian wind project

China’s biggest coal producer, Shenhua Group, has struck a partnership with Hydro Tasmania for an investment of US$1.7bn by the end of the decade to build Australian wind farms.

3 April 2013

Origin Energy lines up investor meets before bond offeringp

Australian utility Origin Energy is to hold a series of investor meetings ahead of a potential bond offering.

3 April 2013

Mighty River IPO offer documents to be released Fridayp

New Zealand hydro and geothermal developer Mighty River Power will progress with its initial public offering this week with offer documents expected to be made public on Friday.

27 March 2013

Australia pumps A$200m into venture capital funds to back green start-ups

At least A$200m ($209m) will be invested into early stage Australian companies by three new venture capital funds supported by the government’s Innovation Investment Fund (IIF).

26 March 2013

Pacific islands get $530m to deploy multiple green projects

Pacific island nations will receive NZ$635m ($530m) in funding from New Zealand and the European Union for the roll-out of a number of renewable energy projects.

21 March 2013

Energy storage company Ecoult gets Australian Gov funding

Australian energy storage company Ecoult has been awarded $480,000 of Australian government funding through the Australian Renewable Energy Agency (ARENA).

21 March 2013

Algae.Tec signs MOU with WorleyParsons for global project development

Algae.Tec, an Australian renewable oil-from-algae company, has signed a memorandum of understanding that will see WorleyParsons support the company in the development of its projects in the EU, US, Australia, and Brazil.

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