Wind blows CDPQ back towards Tilt Renewables : vimarsana.com

Wind blows CDPQ back towards Tilt Renewables


Wind blows CDPQ back towards Tilt Renewables
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Canadian pension fund giant CDPQ is understood to be back for another bite of Trans-Tasman windfarm owner Tilt Renewables.
Only one month after losing Tilt’s formal auction to QIC and AGL Energy’s renewables investment fund PowAR, CDPQ is believed to be the party seeking to blow up an agreed deal and take control of the assets.
Street Talk.  
Nicolas Walker
It is understood CDPQ has already lobbed its offer. Tilt’s board, advised by Lazard, is open to reviewing and considering the bigger bid, and took the company’s shares off the bourse on Thursday.

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