Forrest takes over CWP to become a dominant player in Australian renewables
Iron ore billionaire Andrew Forrest has snapped up leading renewable energy developer CWP Renewables, beating a string of big rivals and entrenching it as a dominant player in Australia’s renewables market. Forrest’s Squadron Energy, owned through its private investment vehicle Tattarang, paid more than $4 billion for CWP Renewables, beating bids from early favorites such …
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