APA Group’s $1.1bn Acquisition of Alinta Energy Assets

Headline: APA Group’s $1.1bn Acquisition of Alinta Energy Assets

Date: 31/08/2023

Type: Acquisition

Acquiror: APA Group

Target: Alinta Energy’s assets

Target Services: Energy infrastructure business with operational assets in gas and solar power generation, gas transmission, battery energy storage systems.

Valuation: $1.1bn

Country: Australia

Continent: Australia

Target Industry: Energy Infrastructure

Rationale: Strengthening APA Group’s renewable energy portfolio through the complete acquisition of Alinta Energy’s diverse power assets in Pilbara region.

Summary: APA Group announces acquisition of Alinta Energy’s power assets valued at $1.1bn, enhancing its presence in the renewable energy sector.

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