Octopus’ M&A bet comes a week after the business, led by Sam Reynolds, secured backing from the $1.8 trillion Japanese public pension fund.
Renewables developer Octopus, backed by Japan’s Government Pension Investment Fund and Dutch pensions giant APG, has agreed terms to acquire a key Victorian wind farm in a deal worth more than $2 billion.
Octopus will own 100 per cent of the Golden Plains Wind Farm 2, which was dubbed the Southern Hemisphere’s largest such asset when it kicked off construction two years ago, sources said on the condition of anonymity.
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NSW has approved its second largest wind farm, which will feature 300m turbines, despite fierce community debate.
Turbines almost as tall as the Eiffel Tower are set to be erected near Hay in southern NSW after a major wind-farm project gets approval from the Independent Planning Commission.
Home sellers must publish a reserve price a week before their auction. It doesn’t have to be the same as their initial price guide.
With a former Icebergs chef at the helm and a farm-to-table approach, Sara Dining is the first two-hatter for the region.
An hour on the V/Line train direct from Melbourne, Kyneton is the country town that city dwellers conjure when they dream of tree-changing.
Advocates say the proposal would create a new type of prison and further institutionalise children.
