US EditionBJEI Australia’s planned 1 GW solar acquisition in doubt
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BJEI Australia’s planned 1 GW solar acquisition in doubt
Chinese state-owned company Beijing Energy International has reportedly abandoned its bid to acquire a more than 1 GW package of Australian solar farms after failing to secure approval from the Foreign Investment Review Board.Beijing Energy International (BJEI) Australia announced in December 2023 it had signed an $813 million (USD 509 million) agreement to buy five large-scale solar projects from British-owned developer Lightsource bp but the d…
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