Clean energy hopefuls check out New Energy's Aussie solar :

Clean energy hopefuls check out New Energy's Aussie solar


Clean energy hopefuls check out New Energy’s Aussie solar
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ASX-listed New Energy Solar’s sale of its Australian solar farms is up and running, as it seeks to close a big gap between its security price and net asset backing.
Fresh from a strategic review and the Christmas break, it is understood New Energy has signed interested parties to non-disclosure agreements and sent them an information memorandum and financial model to kick off an auction.
New Energy Solar’s Beryl is one of two assets it has put up for sale.  
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Tyrekickers reckon the field is pretty wide. The assets, the Manildra and Beryl solar plans in central western NSW, are meaty enough to tempt financial players but simple enough to also have industrial companies thinking about a bid.

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