# Squadron Energy acquires CWP Renewables for $4 billion

Squadron Energy, part of the Forrest family's Tattarang Group, has acquired CWP Renewables from Partners Group in a deal reportedly worth more than $4 billion (USD 2.7 billion). The acquisition includes 1.1 GW of operational assets and a large development pipeline.

- Type: Acquisition
- Announced: 2022-12-07
- Where: Australia
- Value: $2.70B (4.00B AUD)
- Status: announced
- Capacity: 1.1 GW operational, 5 GW near-medium term, 15 GW early stage
- Products: renewable energy (wind, solar)
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Partners Group](https://endata.com/companies/3553.md) (partner)
- [Squadron Energy](https://endata.com/companies/47689.md) (acquirer)
- [CWP Renewables](https://endata.com/companies/67154.md) (target)

## Sources

- [pv-magazine-australia.com](https://www.pv-magazine-australia.com/2022/12/07/surprise-as-cwp-renewables-sells-to-twiggy-forrest-company-in-4b-deal/), 2022-12-07: "Squadron is proud to bring a very significant portion of Australia's renewable energy assets home to local ownership."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.