Full takeover for Tilt Renewables

ENERGY GENERATOR and retailer Mercury NZ and infrastructure investor Infratil are one step closer to a full takeover of Tilt Renewables after receiving approval from the Foreign Investment Review Board today.

Full takeover for Tilt Renewables Full takeover for Tilt Renewables Full takeover for Tilt Renewables Full takeover for Tilt Renewables Full takeover for Tilt Renewables

Tilt has more than 14 wind farm projects across Australia and New Zealand

 
The two Kiwi companies have made an offer price of NZ$2.30, representing a 24.3% premium to the closing share price of Tilt in May prior to Mercury's acquisition of a 19.
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