Street Talk
Malaysia’s Tenaga Nasional wins Spark Renewables auction
KKR, Ontario Teachers and PSP Investment Board are set to sell their solar and wind platform Spark Renewables to Malaysian electricity giant Tenaga Nasional, bringing to close a four-month-long auction run by Lazard’s bankers.
KPMG valued Spark Renewables’ Bomen Solar Farm in Wagga Wagga at $152.4 million to $167.2 million in 2021.
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out more