PowAR and Mercury to acquire Tilt Renewables for NZ$7.80 per share

Tilt Renewables has entered into a Scheme Implementation Agreement under which Powering Australian Renewables (PowAR) will acquire Tilt's Australian business and Mercury NZ Limited will acquire Tilt's New Zealand business. Shareholders will receive NZ$7.80 per share in cash. Infratil supports the transaction.

“Infratil has welcomed the announcement by Tilt Renewables Limited (Tilt) that it has entered into a Scheme Implementation Agreement with Powering Australian Renewables (PowAR) and Mercury NZ Limited (Mercury).”morrisonglobal.com

• 1 source
• morrisonglobal.comInfratil Backs Tilt Renewables Acquisition - MorrisonJason Boyes, Incoming CEO of Infratil, Tilt Renewables LimitedMar 14, 2021

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