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Australian Financial Review. “The hotly contested sale of Pacific Hydro by IFM Investors to China’s State Power Investment Corporation in a deal said to be worth more than $3 billion, including debt, left several suitors standing on the sidelines in late 2015,” AFR reported. In October 2015, Infigen sold its US wind business to a portfolio company affiliated with ArcLight Capital Partners LLC for US$274.4 million. “In the context of the improved market environment for renewable energy, Infigen is exploring a range of options on how to best participate in the growth opportunities and maximize value for its securityholders,” the company said in a statement. “This exploration of alternatives is at a preliminary stage and there is no certainty it will lead to any particular transaction.” “The Commonwealth Government’s renewable energy scheme has created a significant opportunity for investment in new renewable energy projects over the period to 2020, with over 5,000MW of new capacity required to meet the current Renewable Energy Target,” the company added. “Infigen has also benefited from the rising price of renewable energy certificates – or LGCs – which are expected to fuel the company’s bottom line,” AFR said. Infigen Energy develops, owns, and operates renewable energy generation assets in Australia. It owns six wind farms and a solar farm with a combined installed capacity of 557 megawatts operating in New South Wales, South Australia, and Western Australia. The company’’s development pipeline comprises approximately 1,200 megawatts of large-scale wind and solar projects spread across five states in Australia. Infigen Energy was founded in 2003 and is headquartered in Sydney, Australia.]]>