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Renewable energy assets owner and developer Pacific Hydro has restocked its balance sheet with a new debt package worth about $1.5 billion, secured mostly from its existing bank group.
Investment bankers are trying to drum up buyers for Chinese-owned Australian renewable energy company Pacific Hydro, in expectation of a multi-billion dollar auction next year.
The Victorian Government has provided funding to renewable energy provider Pacific Hydro to establish its retail electricity arm, Tango Energy, creating 64 full time jobs.