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Herbert Smith Freehills helps FRV Australia on successful financing of solar farm

Renewable energy loses investor appeal as governments impose price caps and deal collapses occur

The attraction of investing in companies exposed to renewable energy has been dealt a double blow as governments impose price caps to help customers, and renewable energy deals fall over.

Markets wrap: ASX swings to loss; lithium stocks sink

Australian shares reversed earlier gains falling to a 0.4 per cent loss at midday on Wednesday, weighed by health care and tech stocks.

Atlassian billionaire Scott Farquhar pulls $346m bid for Genex Power

The consortium of Scott Farquhar’s Skip Essential Infrastructure Fund and US equity firm Stonepeak called off the takeover on Wednesday morning.

Scott Farquhar s Skip walks away from Genex takeover bid

Genex Power shares dropped 19 per cent after Scott Farquhar’s Skip and Stonepeak yanked their joint bid after a water leak at the Kidston power project.

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