Tilt Renewables Pty Ltd is an Australian

electricity generation Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its stor ...

company. It was previously dual listed on the

New Zealand stock exchange New Zealand's Exchange (), known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies. On 30 August 2020, the NZX had a total of 1 ...

and

Australian stock exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia a ...

. As of 2022, the Powering Australian Renewables has merged with Tilt Renewables following a complex acquisition and merger, making it the largest private developer and generator of renewable electricity in Australia. On 15 March 2021, a takeover was announced with support from the largest shareholders and independent board members. The proposed

scheme of arrangement A scheme of arrangement (or a "scheme of reconstruction") is a court-approved agreement between a corporate law, company and its shareholders or creditors (e.g. lenders or debenture holders). It may affect Mergers and acquisitions, mergers and am ...

would be worth by a consortium where the New Zealand assets would be taken over by

Mercury NZ Mercury NZ Limited is a New Zealand electricity generation and multi-product utility retailer of electricity, gas, broadband and mobile telephone services. All the company's electricity generation is renewable. In August 2021, Mercury acqui ...

and the Australian assets by Powering Australian Renewables Fund – itself a consortium of

AGL Energy AGL Energy Ltd () is an Australian listed public company involved in both the generation and retailing of electricity and gas for residential and commercial use. AGL is Australia's largest electricity generator, and the nation's largest c ...

QIC QIC may refer to: * QIC-United Evangelical Church (Qua Iboe Church), a Christian denomination in Nigeria * Quarter-inch cartridge, a magnetic tape data storage format * Queensland Investment Corporation, an investment fund operated by the state g ...

Global Infrastructure Fund and the Australian Government's

Future Fund The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other p ...

Generation assets

Below is the list of currently generating assets owned by Tilt Renewables

Developments

Below is list of the upcoming development pipeline for Tilt Renewables

Company timeline

October 2016: Tilt Renewables was demerged from Trustpower, with Tilt Renewables taking ownership of all operational wind assets and the wind and solar development pipeline, and Trustpower retaining all hydro assets. Tilt Renewables was dual listed on the ASX and NZX with the ticker TLT. December 2019: Snowtown Wind Farm (Stage 2) was sold to Palisade Investment Partners. August 2021: Tilt Renewables

was implemented with the New Zealand assets purchased by

and the Australian assets by Powering Australian Renewables Fund – itself a consortium of

Global Infrastructure Fund and the Australian Government's

References

External links

* {{DEFAULTSORT:Tilt Renewables Electric power companies of Australia Renewable energy companies of Australia Companies formerly listed on the Australian Securities Exchange 2022 mergers and acquisitions Corporate spin-offs Australian companies established in 2016 Energy companies established in 2016 Companies based in Melbourne

Generation assets

Developments

Company timeline

See also

References

External links