PERTH - Energy infrastructure company APA Group has completed its share purchase plan , raising A$200-million, well above the targeted A$75-million.
The SPP was pried at A$8.46 a share, representing a 2% discount to APA’s volume weighted average share price between September 11 and September 15, and was lower than the issue price of A$8.50 used during the share placement. Alinta’s Pilbara assets include 200km of high voltage powerlines, the 210 MW Port Hedland Power Station, the 238 MW Newman Power Station, the 35 MW Newman battery, the 60 MW Chichester Solar Farm, an 11.8% stake in 203 TJ/d Goldfields Gas Transmission Pipeline, and 80 MW of further capacity under construction.
Source: News Formal (newsformal.com)
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