Australia's renewables major Snowy Hydro mulls raising $1.6b

Australia's renewables major Snowy Hydro mulls raising $1.6b

Photo: Snowy Hydro website

Snowy Hydro Ltd., Australia’s largest hydropower producer, is considering raising as much as A$2 billion ($1.6 billion) by the end of 2018 for a project expansion, which will boost its 4,100 megawatt capacity by as much as 50 percent.

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