Irish renewable energy developer DP Energy has announced plans to develop a 1,400 WM wind farm in McKinlay Shire, Queensland, citing the project site’s “optimal wind speeds” and distance from dwellings.
Fletcher Building says it has begun exploring divestment options for its construction divisions following a restructure, after confirming inquiries from prospective buyers last month.
Ashurst has advised renewable energy company AMPYR Australia on a novel equity partnership and participation model with the Aboriginal community for a battery energy storage system in NSW’s Central Western Slops region.
Brookfield has scooped up a 19.9 per cent stake in real estate investment manager Cromwell Property Group.
Joining CBRE Investment Management in fast-tracking developer Aliro Group’s flagship industrial vehicle, Canadian super fund PSP Investments has committed up to $800 million for investment.
Abacus Storage Kings will open its books for a consortium of Ki Corporation and New York Stock Exchange-listed Public Storage, which lobbed a $2.2 billion takeover offer last week.
Investment firm Alceon and retail consultancy Aktiv have acquired major Gold Coast shopping centre The Strand Coolongatta for $142 million, with plans to upgrade the site.
Singapore-based real estate investment manager Frasers has offloaded an office tower on Melbourne’s Collins Street for $195 million in a strategic exit from the city’s “challenging” office sector.
Receivers for the troubled $500 million East Rockingham waste-to-energy project may have to explore other options after the ACCC expressed competition concerns about Acciona’s bid to acquire the project in Western Australia.
Beach Energy has acquired oil and gas exploration company Vintage Energy’s stake in PEP 171 – a gas field in the Victorian section of the Penola Trough located in the Otway Basin. On Thursday, Vintage announced that Amplitude Energy – the other half of the PEP 171 joint venture – has waived its pre-emptive right…