Equis Energy's (GIP) is set to make the renewable sector's biggest-ever purchase, with the $ 1.3bn acquisition of Singapore firm Equis Energy's . The sale includes $ 1.3bn of liabilities and is set to close in Wednesday . According to GTM Research, Equis has nearly 5 gigawatts of wind and hydro assets under operation. Equis Energy's 11 GW of renewable assets include solar, wind and hydroelectric power operations, notably featuring 11 of Australia 's largest solar plants, which is still currently under development. Insiders have speculated that, as governments replace existing tariff structures, scale will be a determining factor in ensuring the renewable sector remains profitable.
Equis Energy's (GIP) is set to make the renewable sector's biggest-ever purchase, with the $ 1.3bn acquisition of Singapore firm Equis Energy's . The sale includes $ 1.3bn of liabilities and is set to close in Wednesday . Equis Energy's 11 GW of renewable assets include solar, wind and hydroelectric power operations, notably featuring 11 of Australia 's largest solar plants, which is still currently under development. Insiders have speculated that, as governments replace existing tariff structures, scale will be a determining factor in ensuring the renewable sector remains profitable.