After carefully evaluating a number of solar opportunities in the market over the last two years, we have invested in Sunraysia Solar Farm, an asset that supports our model to create value through the successful delivery of greenfield infrastructure. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com. The Finley Solar Farm is one of John Laing's renewable energy investments in Australia. 'At the current rate of investment in new wind and solar power, Australia could reach 50% renewables in 2025, well ahead of many other industrialised nations. Some neatly planted bombs and loyal servants makes for a successful first strike. Help using this website - Accessibility statement. Canadian Solar secures funds for 126-MWp project in Mexico, Siemens acquires 49% stake in Brazilian solar DG co Brasol, Sao Paulo launches public call for floating solar projects of up to 30 MWp, Vestas presents low-wind turbine for Indian market, Voltalia to provide O&M for 99-MW Brazilian wind park, Apicorp takes part in funding 900-MW solar project in Dubai. Online classifieds business Frontier Digital Ventures is set to launch a $100 million equity raising to fund acquisitions. Street Talk understands ENEOS, which is listed in Japan with a $16 billion market capitalisation, has spent months running due diligence on the Australian wind farms, and is seeking to have a binding bid ready in time for next month's deadline. Your email address will not be published. The Morrison government's new "use it or lose it" condition on infrastructure funding would apply first to the $2 billion road-safety program.
The issue of stability in the south-west NSW power system has been raised by state network owner Transgrid, which is currently seeking submissions from proponents of non-network options that could improve the situation in the region where the high quality of renewable energy resources has attracted a lot of interest from investors. It was also enough to have bankers lining up for buy-side mandates – or at least talking to their clients about demand for renewable assets. Woolworths, Coles and McDonald's could be major beneficiaries from a new scheme to boost jobs for young people, with hiring credits reducing wage liabilities for teenagers by two thirds. When fully commissioned, the New South Wales site will be one of the largest solar farms in the Country. Image by:John Laing Group (www.laing.com). Qiao Nan Han, Maoneng, Vice President - Australia, said that: 'The investment from John Laing is testament to the quality of the assets which we develop, together with the trust that's required in delivering and operating the solar farm over a long term. When fully commissioned, the New South Wales site will be one of the largest solar farms in the Country. Due to the instability of the power system in south-western New South Wales, AEMO imposed a constraint on this network. Optus Stadium, Perth, Australia: Australia: AUS$902 million: Western Australian State Government: 21 August 2014 The virtual tour will be available from 26th June and includes contributions from John Laing on the role of PPP (public private partnerships) to build the facility and the design innovations that have been put into place. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so. Easing COVID restrictions in regional Victoria has seen that state record slight rises in payroll jobs and wages. Street Talk revealed plans for the sale in January. Bring your walking shoes, Padding with a passion: Jonathan Anderson is Moncler's latest 'genius', 'Failed painter' creates artworks of uncanny architectural allure, Why you shouldn't scoff at the name of this new Mercedes, Meet the woman in charge of creating Chanel's make-up, The luxury's in the details of the new S-Class, The most powerful woman in fashion you’ve never heard of. Total write-downs in the first half of the year amounted to £234 million (AU$427 million), of which £173 million (AU$315 million) related to the company’s renewable energy portfolio. ... JOHN LAING INVESTMENTS (HORNSDALE HOLDCO) PTY LTD - Information from Australian Business Register. Transgrid has highlighted the risk posed by the commissioning of new generation in south-west NSW that is expected to result in high power flows east towards Wagga Wagga from mid-2020. The firm booked a £66m write-down on its Australian renewable energy assets last year due to changes in marginal loss factors and halted new investment, but is now considering exiting the sector altogether. The Morrison government's new "use it or lose it" condition on infrastructure funding would apply first to the $2 billion road-safety program. John Laing, leading international infrastructure investor, earlier this week acquired a 100% interest in the project from ESCO Pacific contemporaneously with the project achieving financial close with debt funding provided by Westpac and ANZ. Clarence Correctional Centre will accommodate 1,700 inmates and features state-of-the-art security and surveillance with a focus on rehabilitation to reduce reoffending rates without compromising safety and security. The John Laing portfolio bid is understood to be part of the Japanese company's wider strategy to increase its renewables investments globally, having already established a holding in solar, wind and waste power plants in its home country. Private equity executive Ben Gray is understood to be Crown Resorts' Mr X - the businessman threatened by James Packer that had him fearing for his wellbeing.
Women have borne the brunt of the recession, losing jobs at far higher rates than men. “New renewable energy investments have been put on hold in Europe and Australia, and limited to recycling of capital in North America, as we re-assess our approach to risk and return in these markets,” Brousse added. Roll out the red carpet: there's a big new player seeking a slice of Australia's renewable energy market. We measure how often our emails are opened, and which links our readers click. We delivered value enhancements across the portfolio, but predominantly in renewable energy, which has helped to mitigate the impact of these challenges,” commented CEO Olivier Brousse. "Our operational performance in the first half was strong, however we have had a number of challenges with our renewable energy assets in Australia and Europe. troubled part of the grid in southwestern NSW, decision earlier this year to make no further investment in standalone solar and wind, MLFs have been only slightly adjusted for 2020-21, one of the projects worst affected by MLFs adjustments, UNSW researchers calculate the inevitability of green hydrogen, World’s largest solar plant goes online in China, Green Gold Energy proposes two large-scale solar farms along SA-NSW Interconnector, Nextracker’s bifacial tracker selected for 460 MW Western Downs Green Power Hub, Synergy seeking 100 MW of storage to follow the sun. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. John Laing Group plc ('John Laing' or 'the Company'), the international originator, active investor and manager of infrastructure projects, is pleased to announce it is investing in Sunraysia Solar Farm, the Company's first solar project in Australia. The up-for-sale assets include John Laing's stakes in Australian wind farms including Cherry Tree in Victoria, and Granville wind farm on Tasmania's west coast.
pv magazine Australia offers bi-weekly updates of the latest photovoltaics news. After five years of tight headcount control, federal public sector staffing is budgeted to surge by more than 8000. However, Sunraysia has been stuck in the slow lane after it had experienced technical issues and has failed to obtain registration from the Australian Energy Market Operator (AEMO) to this date. Distributed by Public, unedited and unaltered, on 25 June 2020 10:53:01 UTC, CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED, Chief Executive Officer & Executive Director, Senior Independent Non-Executive Director. By investing at the pre-construction stage, John Laing is able to add value as the contractual arrangements, which will determine the solar farm's future revenue and costs, are finalised. So we shouldn't be surprised to hear an auction for a $500 million-odd portfolio of renewable assets owned by UK-listed global infrastructure player John Laing has been kicked into the second half of the year.
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