Fotowatio Renewable Ventures solar sale likely to begin in late January

31 December 2020 - 12:00 am UTC

Fotowatio Renewable Ventures sale of a 49% stake in its operating and under-construction Australian solar farms is expected to formally launch in about a month’s time, two sources familiar said.

A teaser was circulated in October and the aim was to start the bidding process for the circa 500 MW portfolio before the year-end, but an information memorandum is now not likely to be provided to interested parties until the end of January or early February, the sources said, adding that infrastructure funds will be among the potential buyers.

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