CWP Renewables is an Australian developer and owner of renewable energy systems such as
wind farm
A wind farm or wind park, also called a wind power station or wind power plant, is a group of wind turbines in the same location used Wind power, to produce electricity. Wind farms vary in size from a small number of turbines to several hundre ...
s and
solar farm
Solar may refer to:
Astronomy
* Of or relating to the Sun
** Solar telescope, a special purpose telescope used to observe the Sun
** A device that utilizes solar energy (e.g. "solar panels")
** Solar calendar, a calendar whose dates indicate t ...
s. It was established in 2007 as a joint venture of
Continental Wind Partners and
Wind Prospect
Wind is the natural movement of air or other gases relative to a planet's surface. Winds occur on a range of scales, from thunderstorm flows lasting tens of minutes, to local breezes generated by heating of land surfaces and lasting a few hou ...
. It was later majority owned by
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
group PostScriptum.
In December 2022, CWP Renewables was acquired from
Partners Group
Partners Group Holding AG is a Swiss-based global private equity firm with US$127 billion in assets under management in private equity, private infrastructure, private real estate and private debt.
The firm manages a broad range of funds, struct ...
by Squadron Energy, owned by
Tattarang
John Andrew Henry Forrest (born 18 November 1961), nicknamed Twiggy, is an Australian businessman. He is best known as the former CEO (and current non-executive chairman) of Fortescue Metals Group (FMG), and has other interests in the mining i ...
which belongs to
Andrew Forrest
John Andrew Henry Forrest (born 18 November 1961), nicknamed Twiggy, is an Australian businessman. He is best known as the former CEO (and current non-executive chairman) of Fortescue Metals Group (FMG), and has other interests in the mining i ...
's family.
Power generators
CWP Renewables owns and manages several facilities in Australia. Some are owned by Grassroots Renewable Energy Platform, a joint venture with
Partners Group
Partners Group Holding AG is a Swiss-based global private equity firm with US$127 billion in assets under management in private equity, private infrastructure, private real estate and private debt.
The firm manages a broad range of funds, struct ...
private investment managers.
...and several other wind and solar projects not yet started construction.
References
2022 mergers and acquisitions
Renewable energy companies of Australia
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