John Laing shops interest in Sunraysia solar farm; $400m deal mooted

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Early feedback suggests the asset may fetch a $400 million price-tag, sources told this column.

Already a subscriber?UK infrastructure and construction giant John Laing is seeking a buyer for its 255 megawatt peak solar farm in southwestern NSW, tapping Azure Capital to run the sale.

An overview of John Laing’s Sunraysia solar firm from sale documents sent to potential buyers by Azure Capital.The deal has been structured as a 100 per cent sale of John Laing’s interest in Sunraysia. The asset, completed in 2022, is an operational 255 megawatt peak solar farm with the potential to add a 200 megawatt/400 megawatt per hour co-located battery energy storage system. The BESS is expected to be up and running by the end of 2026.

Source: Loan Digest (loandigest.net)

 

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