
BANGKOK -- Hong Kong private equity real estate investor Gaw Capital Partners has teamed up with the Maoneng Group, a New South Wales-based renewable energy and battery storage developer, to set up a joint venture for renewable projects in Australia.
Gaw Capital announced the move on Wednesday, saying it will take a majority stake in the Gaw Maoneng Renewables (GMR) joint venture. The platform marks the company's first-ever investment in clean energy.