Sunday, 13 February 2011

Transfield eyes opportunities in the sun

Summaries - Australian Financial ReviewI
7 February 2011, Page: 18

Transfield Holdings says it plans to grow its local solar power business, with expansion based around its majority holding in solar thermal group Novatec Biosol. A consortium led by Transfield Holdings, and including Novatec, Transfield Services, in which Transfield Holdings has an 11% holding, and Transfield Services Infrastructure Fund, is shortlisted in the Federal Government's solar flagships program. Other bids have come from Infigen Energy, Suntech Power Holdings, AGL Energy, Parson Brinckerhoff and Wind Prospect CWP. Novatec has already won a contract to build a nine MW solar field at the Macquarie Generation owned Hunter Valley Liddell Power Station.

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