Skip Capital’s Scott Farqhuar and Kim Jackson are another example of how an influential group of billionaire families are pioneering a new style of activist investing.
. It has operated a 50 megawatt solar project since 2017 and is developing a 250MW pumped hydro storage project, which is to be located in a former gold mine. It owns a second solar project in NSW, and a battery project in central Queensland that is due to commence operation in the middle of next calendar year.But as with many listed renewable infrastructure firms, life as a listed company has been challenging for Genex.
, giving their consortium a 19.99 per cent stake in Genex. On Friday night, Skip and Stonepeak lobbed their bid to Genex’s board, priced at 23¢ a share – a whopping 70 per cent premium to Genex’s last close, and a 95 per cent premium to its volume weighted average price over the previous month.
Source: Tech Daily Report (techdailyreport.net)
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