Alinta’s future hinges on private equity consortium deal
Australian power generation company Alinta Energy Group has been in talks with TPG Capital’s debt investment arm, TPG Opportunities Partners, to restructure the company, pending the outcome of an earlier proposal by the company for trade sales plus an equity capital market solution.
TPG Opportunities Partners has reportedly acquired a sizeable chunk of Alinta’s senior debt in the secondary markets at a 25-35% discount. TPG has now forged a consortium with other significant fund...
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