EnergyAustralia – a subsidiary of China Light & Power (CLP) sold 75% of Waterloo's equity to a consortium of Palisade Investment Partners and Northleaf Capital Partners of Canada.
The CLP subsidiary said the sale was carried out simultaneously with a refinancing of the wind farm, netting it proceeds of A$228m ($226m).
EnergyAustralia, which was formerly known as TRUenergy, will retain a 25% share and has signed a management contract for the wind farm with its new owners.
The
