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The Turnbull Government completed the acquisition of full ownership of Snowy Hydro Limited, paving the way for the Snowy 2.0 expansion project. The deal funds infrastructure investments in New South Wales and Victoria.
“The Turnbull Government has now taken full ownership of Snowy Hydro Limited in a deal that paves the way for the Snowy 2.0 project to proceed to a final investment decision.”ministers.finance.gov.au
Summarized from public sources; check the original articles before acting on it.