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Kildare Nationalist — Untitled | Kildare Nationalist
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Alleged Derrinturn €5,000 drug debt assault case is adjourned
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Reliving the magic of Kildare s Shamrock Star Céili band in aid of cancer centre
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Green Energy: Spark announces giant green energy hub as it receives $5b takeover bid
Energy
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Takeover target Spark proposes giant NSW green energy hub
Energy infrastructure operator Spark Infrastructure (ASX:SKI) has announced a double whammy this morning, revealing a $5 billion international bid for its business and plans for a monster 2.5GW wind, solar and battery storage hub to feed the New South Wales grid.
Transmission and distribution network owner Spark owns 15% of NSW’s Transgrid and 49% of Victoria Power and SA Power Networks.
It also has a small and growing renewable generation arm including the 100MW Bomen solar farm.
Spark Infrastructure (ASX:SKI) share price rallies 7% on confirmed bid
A confirmed buyout proposal has added an extra ‘spark’ to this company’s shares…
Mitchell Lawler is a site writer at The Motley Fool Australia. He holds a Bachelor of Engineering and previously worked in the consulting space while his interest in equities grew. Mitchell is now completing his studies in finance and wealth management and hopes to help others in their investing journey.
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Spark Infrastructure Group(ASX: SKI) share price is climbing higher today. This comes after the energy network operator confirmed it had received a takeover bid. Shares in the company have resumed trading following the announcement.