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SQUADRON TO LEAD AUSTRALIA S ENERGY TRANSITION

SQUADRON ENERGY ACQUIRES CWP RENEWABLES TO BECOME AUSTRALIA'S LARGEST RENEWABLE ENERGY INVESTOR, OPERATOR & DEVELOPER PERTH, Australia, Dec. 7, 2022 /PRNewswire/ Squadron Energy (Squadron) today announced it has acquired CWP Renewables (CWP), in an agreement that takes Squadron's renewable energy operating portfolio to 2.4 gigawatts (GW) with an Australian development pipeline to 20GW. Squadron, part of the Tattarang group of companies, is 100 per cent Australian owned and operated, and dedicated to accelerating Australia's decarbonisation. Once fully operational, Squadron's portfolio will provide enough electricity to power 8.5 million homes, more than double the number of homes in New South Wales. CWP will be integrated into Squadron's existing business, which includes majority ownership of Windlab, and provide Squadron with the scale it requires on the east coast of Australia to meet the huge demand from large commercial and industrial customers for reliabl

Andrew Forrest to buy wind farm owner CWP Renewables

Andrew Forrest’s Squadron Energy is set to pay more than $4 billion for one of Australia’s biggest renewables groups.

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