John Laing hires adviser for Aussie renewables sale

10 January 2020 - 12:00 am UTC

John Laing has engaged Macquarie Capital to review a 500MW portfolio of Australian wind and solar farms.

UK Infrastructure investor John Laing has hired Macquarie Capital to advise on the potential sale of five Australian wind and solar farms, according to sources familiar with the matter. 

At 500MW in size, the portfolio sale could be the largest put on the market in the country to date, said one of the sources.

John Laing and Macquarie Capital both declined to comment on the appointment, which the sources said was made in late December.

A decision on whether to sell the portfolio is expected soon, and is expected to attract a wide field of potential buyers, one of the sources said. They include international pension and sovereign wealth funds, Australian infrastructure managers and Asian energy utilities active in the local market.

The portfolio contains five projects, two of which are completed. As SparkSpread has reported, they include:

Read more