Meridian to Sell Aussie Biz to Shell & ICG Consortium for $5278 M Updated On Mon, Nov 22nd, 2021 by Saurenergy New Zealand electricity generator and retailer Meridian Energy is selling its Australian business to a consortium of Shell Energy Operations Pty Ltd, a wholly owned subsidiary of Shell and Infrastructure Capital Group (ICG) for A$729 million ($527.80 million), subject to possible adjustment depending on the timing of completion. On completion, Shell will become the owner of […] Read more
