Trans-Tasman renewables developer feels the aftereffects of selling Snowtown 2.
Tilt Renewables’ has continued to feel the aftereffects of its one-off Aussie wind farm sale, posting reduced revenue, earnings and profit for the year ended March 31.
The trans-Tasman renewables
Takeover target Tilt s earnings drop as wind levels fall
12 May, 2021 10:06 PM
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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.
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Bird roosts mitigate some impacts of wind farm development
12 Apr, 2021 04:01 PM
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Richard Thompson (left) and his team from MacBlack Timber with Josh Penn (right) on top of a completed shag roost, showing the structure and its strength. Photo / Peter Frost
Richard Thompson (left) and his team from MacBlack Timber with Josh Penn (right) on top of a completed shag roost, showing the structure and its strength. Photo / Peter Frost
Wanganui Midweek
In mid-March, two large timber structures were erected at Tapuarau Lagoon in the Waitotara Conservation Area, just inland from the mouth of the Waitotara River.
Constructed from heavy, 3m long, old wharf piles, and connected by joists of eucalyptus, they were built by MacBlack Timber in Whanganui, then taken to Tapuarau in kitset form and reassembled.