Leading global industrial and energy company Metlen, formerly known as Mytilineos, is selling their entire 2.9 gigawatt-scale Australian portfolio.
The Greek company specialises in renewable energy and has listed for sale eight solar farms stretching across New South Wales, Queensland and Victoria.
According to Renew Economy, “[The sale of the Australian profile] will be conducted in a two-stage process, starting with non-binding offers within weeks. Shortlisted bidders are expected to be invited to submit binding offers, with signing in November 2024.”
The deal has been brokered by Macquarie to serve the Greek energy company’s ambitions in listing on the London Stock Exchange. Metlen is said to also be open to the listing of their New Zealand projects during this period of transition.
Source: Renew Economy
