EnergyAustralia has entered into a joint venture with EDF Power Solutions Australia to develop the Lake Lyell pumped hydro energy storage project in Lithgow, NSW.
Danish renewables company European Energy has closed a $130 million financing package for two solar projects in Victoria and NSW. The financing for European Energy’s 106 megawatt Lancaster solar park in Victoria’s Goulburn Valley and its 31 megawatt Mulwala solar park in NSW’s Riverina region — provided by Westpac and the Singapore branch of DZ…
The 12-storey corner office block overlooking the Victorian Supreme Court, which has housed Douglas Menzies Chambers since 1992, has been sold for a reported $23 million, with its barristers moving down the street.
Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia’s off-grid mining industry.
The Australian Renewable Energy Agency has invested $19.8 million in a joint venture between BlueScope, BHP, Rio Tinto, Woodside and Mitsui Iron Ore Development to develop a decarbonised steel facility.
A consortium led by the investment arm of Abu Dhabi’s National Oil Company has launched a $30 billion takeover bid for Santos, the energy giant said Monday.
Amazon will invest $20 billion in Australia’s data centre infrastructure over the next five years to support the country’s AI transformation.
Rail operator Aurizon has secured agreements with BHP to provide logistics for the mining giant’s South Australia copper operations over the next 15 years, estimating total revenues of $1.5 billion.
The NSW government has announced an additional $835 million investment in Western Sydney’s Aerotropolis, which the government expects will become a “thriving economic centre” with its proximity to the city’s new airport.
Brookfield has shed 23.2 per cent of the stapled securities in major coal exporter Dalrymple Bay Infrastructure, but remains the major shareholder, retaining a 26.25 per cent interest in the venture.