Both Windlab’s shareholders are active investors in renewables.
Canadian giant Brookfield, one of the world’s biggest investors in renewable power and climate transition assets, is seeking to acquire wind farm operator Windlab.
Windlab was founded a decade ago to commercialise CSIRO technology and dawdled on the ASX as a microcap before the duo came andAdvertisement. Earlier this year, it inked a $2.75 billion deal to buy wind turbines from GE. It is a part of the Forrest family’s Tattarang stable of companies run by John Hartman.
The potential deal comes after Windlab last month started meeting with lenders, seeking to line up nearly $1 billion in debt financing for its Gawara Baya wind farm in Queensland.
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