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<h1>Acquisition of renewable platform assumes target debt and proceeds subject to regulatory approvals and conditions precedent.</h1> A state owned joint venture signed a share purchase agreement to acquire 100% equity of a renewable energy platform at a stated enterprise value, agreeing to pay a cash consideration and assume the target's debt. Completion is subject to regulatory approvals and satisfaction of conditions precedent. The target holds operational and under construction renewable assets across technologies with firm power purchase agreements and near term commissioning plans. The acquisition is described as strategic for accelerating the acquirer's renewable expansion and aligning with corporate and national decarbonisation targets.