Summaries - Australian Financial Review
Monday 13/12/2010 Page: 20
New Zealand renewable electricity company Meridian Energy is looking to expand its portfolio of assets in Australia, where it already has a presence through Meridian Energy EnergyAustralia. The subsidiary has a 50% stake in the Victorian Macarthur wind farm joint venture with AGL Energy, and owns the Mount Millar wind farm, bought from Transfield Services Infrastructure Fund for $191 million. Ben Burge, the new chief executive of Meridian Energy EnergyAustralia who comes from a previous role at IBM, says the business is looking for opportunities to buy and build renewable energy projects, and 'may not be restricted to wind only.'
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