Singapore fund acquires solar developer in New Zealand

Singapore-based renewable energy fund manager SC Oscar has purchased New Zealand solar project developer Ranui Generation as part of its strategy to build a portfolio of renewable energy assets in New Zealand and Australia. From pv magazine Australia SC Oscar has acquired New Zealand-based renewables developer Ranui Generation for an undisclosed sum, as it invests in projects across the Asia-Pacific region. The acquisition includes four development-stage solar projects on New Zealand's North Island with a total capacity of about 131 MW. The total investment in the portfolio is approximately AUD ...

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