Forrest's private firm Squadron Energy acquired CWP Renewables for more than A$4 billion from Swiss-based Partners Group.
($1 = 1.4939 Australian dollars)
(Reporting by Sonali Paul; Editing by Tom Hogue)
MELBOURNE (Reuters) - CWP Renewables, now in the hands of Andrew Forrest, plans to develop 5 gigawatts of wind farms in Australia by 2030, a multibillion dollar task the mining magnate said could be funded with the help of pension funds and big institutions.
Forrest's private firm Squadron Energy acquired CWP Renewables for more than A$4 billion from Swiss-based Partners Group.
($1 = 1.4939 Australian dollars)
(Reporting by Sonali Paul; Editing by Tom Hogue)
Mr. Andrew Forrest is Independent Director at Buchans Minerals Corp. He is on the Board of Directors at Gossan Resources Ltd. and Buchans Minerals Corp. He received his graduate degree from the Camborne School of Mines.
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