Metlen Energy & Metals, formerly known as Mytilineos Energy & Metals, has initiated the sale of its renewable energy generation and storage business in Australia, as reported by the Australian Financial Review.
The unit, a part of Greek industrial and energy group Mytilineos SA, aims to divest its Australian operations through a tender process managed by Macquarie.
The portfolio on offer includes eight solar assets currently operational or in development, alongside opportunities totaling 2.9 GW in the near-medium term.
According to promotional materials distributed to potential investors, these assets are situated across New South Wales, Queensland, and Victoria.
Metlen Energy & Metals, unveiling its new corporate brand in June, highlighted a global renewable energy asset base of approximately 10.5 GW. In Australia, the company manages 376 MW of renewable capacity, encompassing notable projects such as the 120 MW Munna Creek solar project in Queensland and the 75 MW Wyalong photovoltaic farm in New South Wales.
