Wholesale Fund V aims to provide seed capital for development of a portfolio of 18 large-scale wind, solar, and battery storage projects, targeting returns of 20%.
Construction of the $US300m connection will begin soon.
Sale proceeds will go to staff and unsecured creditors.
Payout well above loss-making dairy competitor Fonterra.
Three new directors in 12 months.
‘Concerning’ business confidence levels could see GDP growth sink below 1%.
Partial acquisition part of its ‘seed to sale’ plan.
Final decision two months away.
The deal will make the listed outdoor adventure clothing retailer a billion-dollar revenue company.
Lower interest rates have boosted stocks and commodities.