Pilot Energy receives offer from for Three Springs solar plant in Australia
Pilot Energy has confirmed a non-binding A$11.5 million ($7.75 million) proposal from EDP Renewables APAC to acquire the 376 MW Three Springs solar photovoltaic power plant in Western Australia. The offer is structured in staged payments, with finalisation pending due diligence and an asset sale agreement by the end of 2024. Located 310 km north of Perth, the Three Springs solar project is a key component of Western Australia’s Mid-West Clean Energy Project, aimed at…