Origin Puts Solar Farm on the Block

The Australian Financial Review has reported that Origin Energy has put Darling Downs Solar farm for sale.

It’s understood to be pitched at Infrastructure & asset fund managers.

Key Attributes;

  • Equity sales price is expected to be between $30m – $50m
  • Origin will keep a 20% stake
  • Infrastructure Capital Group, DIF and Lighthouse Infrastructure are heard to be lead bidders. Sale arranged by BAML
  • Deal expected to be finalised by end of May this year.
  • Transaction would come with a long off-take contract from Origin.

Pic courtesy of Serree

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