Trustpower books a big profit on selling Meridian its Australian hydro assets
But Meridian buys the assets at a discount to market value
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Hawke’s Bay
Meridian Energy is buying Trustpower’s three hydropower stations in New South Wales for $A168 million, a considerable premium over the price Trustpower paid in 2014 but a discount to analysts’ current valuations of about $200 million.
Trustpower bought the stations, including the Blayney and
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Jenny Ruth
Fri, 22 Dec 2017
Fri, 22 Dec 2017
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Trustpower books a big profit on selling Meridian its Australian hydro assets
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