Live Breaking News & Updates on Tilt renewable

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Bird roosts mitigate some impacts of wind farm development

Bird roosts mitigate some impacts of wind farm development
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

Waitotara , New-zealand-general- , New-zealand , North-island , Waipipi , Waitotara-river , Tony-woodill , Peter-frost , Josh-penn , Ngaa-rauru-kiitahi , Richard-thompson , Tilt-renewables

Tilt Renewables acquired for $2.1bn

Tilt Renewables acquired for $2.1bn
lawyersweekly.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawyersweekly.com.au Daily Mail and Mail on Sunday newspapers.

Australia , Australian , John-brewster , Naomi-neilson , Lynda-tully , Nik-lukic , Tilt-renewables-ltd , Tilt-renewables , Australian-renewables , Infratil-ltd-tilt , Powering-australian-renewables , Cassandra-wee

Windfarm operator Tilt Renewables to be sold for nearly $3 billion

Windfarm operator Tilt Renewables to be sold for nearly $3 billion
© RNZ/Robin Martin
An Australian-dominated consortium is in line to buy windfarm operator Tilt Renewables for nearly $3 billion.
The consortium of Queensland Investment Corp., AGL Energy, Australia's Future Fund, and Mercury Energy will pay $7.80 a share for Tilt, which has windfarms on both sides of the Tasman.
Tilt was effectively put on the block last year when its two-thirds owner Infratil announced a review of its investment.
Mercury owned close to 20 percent. Both companies said they will vote in favour of the deal.
The deal will see the Australian companies - collectively called PowAR - take control of Tilt's four Australian windfarms, while Mercury will buy the four New Zealand farms for $770m.

Taranaki , New-zealand , Australia , Otago , Australian , Robin-martin , Bruce-harker , Vince-hawksworth , Australia-future-fund , Mercury-energy , Tilt-renewables , Queensland-investment-corp

AGL leads renewable power play in agreed $2.75 billion bid for Tilt

15 March 2021
Australian-New Zealand renewables developer Tilt Renewables is to be taken private after agreeing to joint $2.75 billion by the AGL Energy backed Powering Australian Renewables fund and New Zealand utility Mercury NZ.
Through the deal, the Tilt Renewables business will effectively be split up, with the Australian and New Zealand parts of the business, which are listed across the respective Australian and New Zealand stock exchanges, being acquired by different members of the takeover consortium
The takeover offer for Tilt’s Australian business has been launched by Powering Australian Renewables, a partnership between energy giant AGL Energy (20 per cent), Queensland government-owned investment group QIC (40 per cent) and the federal government’s Future Fund (40 per cent).

Nyngan , New-south-wales , Australia , New-zealand , Snowtown , South-australia , Liverpool-plains , Dundonnell , Victoria , Rye-park , France , Spain

Peanuts to Pay For Total Chaos: Wind Power Outfit Fined $1 Million For Causing Statewide Blackout

The Standard
22 December 2020
The operators of a South Australian wind farm have been slugged $1 million for failing to properly comply with mandated performance standards in the lead-up to the statewide blackout in September 2016.
In a judgment on Tuesday, the Federal Court also ordered the operators of the Snowtown Wind Farm Stage 2 in the state’s mid-north to engage a compliance expert to review its operations and provide a report on any gaps.
Justice Richard White found the wind farm had contravened the national electricity rules by operating for about three years with inadequate protection settings to cope with or “ride through” disruptions to the power network.

Snowtown , South-australia , Australia , Victoria-square , Hornsdale , New-zealand , Adelaide , Eyre-peninsula , Commonwealth-of-australia , Australian , Australians , Meagan-dillon

Tilt lands contract with Newcrest gold mine for biggest wind project in NSW

16 December 2020
Listed renewable energy developer Tilt Renewable says it has landed a long term contract with major mining company Newcrest that will underpin the development of what will be the biggest wind project in NSW – the 400MW Rye Park project north of Yass near the Southern Highlands.
Tilt and Newcrest has signed up for a 15-year supply deal for its Cadia gold mine in western NSW, that will account for around 55 per cent of the output of Rye Park and will include electricity and green products. The pricing has not been revealed.
Newcrest says the deal is important to support the long term future of the Cadia mine, saying the deal guarantees its energy supply costs will remain competitive and will deliver a significant reduction in emissions.

Australia , Dundonnell , Victoria , New-zealand , Rye-park , New-south-wales , Australian , Deion-campbell , Giles-parkinson , Sandeep-biswas , Tilt-renewables , Australian-energy-market-operator