27.07.2016 - Australia's AGL and state-owned funds establish renewables fund
Australia's second-largest energy retailer AGL Energy Ltd said on Wednesday it had set up the nation's largest renewable energy fund, worth A$2-3 billion, with Australia's sovereign wealth fund and a Queensland government-owned fund. The Powering Australian Renewables Fund (PARF) plans to develop 1000MW of renewable energy and will acquire two existing AGL solar plants, which together produce 155MW, AGL said in a statement...............................................Full Article: Source
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