AGL 2.29% $10.70 agl energy limited.

News: AGL AGL Energy says QIC and Future Fund join co in flagship renewables fund

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    July 27 (Reuters) - AGL Energy Ltd (AGL) :

    • QIC and future fund join AGL in flagship renewables fund (AGL)
    • The PARF expects to acquire AGL's existing 102 mw nyngan and 53 mw broken hill solar plants as seed assets
    • QIC, on behalf of clients future fund and those invested in QIC Global Infrastructure Fund, as its equity partner in the $2-3 billion powering

      Australian renewables fund

    • QIC on behalf of its managed clients including the future fund will provide $800 million in equity funding to parf
    • Says AGL will provide $200 million
    • Anticipated that AGL's proposed wind farms in silverton in New South Wales and coopers gap in Queensland will be first two projects offered to fund
                        
 
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