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LGI to buy 42MW of operational solar plants in Australia
Original: LGI to buy 42MW of operational solar PV plants in Australia and lifts pipeline target to 120MW
LGI has agreed to acquire 42MW of operational solar PV plants in Australia and has raised its development pipeline target to 120MW. The deal expands the company's operating renewable energy portfolio and signals a step-up in its growth plans for Australian solar, adding generating capacity alongside its larger pipeline ambitions.
Why now: The acquisition expands LGI's renewable energy capacity at a time of strong interest in Australian solar investment.
Evidence
- LGI to buy 42MW of operational solar PV plants in Australia and lifts pipeline target to 120MW · PV Tech
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