Ongoing project performance issues and tumbling power price forecasts cost renewables infrastructure investor John Laing £95 million (US$124.61 million) in the first half of the year.
UK infrastructure giant singles out Australia's marginal loss factor (MLF) regime and low wind yield in Europe as "industry-wide issues" as it outlines plans to divest its standalone wind and solar assets within two years.
International infrastructure investor John Laing Group has closed financing on its 174.9MW Finley Solar Farm in New South Wales, Australia, which is being developed by Esco Pacific.
