Infigen may sell Australian wind farm to cut debt

One of Western Australia‘s largest wind farms may go on the market a controlling company seeks to cut a A$1bn debt.

In a press release, renewable energy firm, Infigen Energy said the move could give it more financial flexibility.

Walkaway wind farm
“Infigen Energy continues to assess a range of options to provide improved financial flexibility,” the company said in a release to the securities exchange.

“Infigen Energy also continues to deal constructively with bona fide opportunities that might advance the group’s strategy, including (among other things) potential asset sales.

The West Australian reports that the company hasn’t confirmed whether the 90 MW wind farm, located at Walkaway and Western Australia’s 2nd largest, will be sold.

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