Takeover target Tilt's earnings drop as wind levels fall
12 May, 2021 10:06 PM
3 minutes to read
Tilt Renewables has reported a fall in earnings in its last year as listed company. Photo / Supplied
Tilt Renewables has reported a fall in earnings in its last year as listed company. Photo / Supplied
Takeover target Tilt Renewables' annual operating profit fell by 36 per cent in what the company said was a transitional year.
The wind farm specialist sold its 270 megawatt Snowtown 2 Wind Farm, near Adelaide, in the previous year and ramped up operations at Dundonnell, in Western Victoria, and Waipipi in Taranaki in the latest year to March.