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Hong Kong's Gaw Capital targets Australian renewable energy

Private equity investor teams up with energy storage company Maoneng Group

Gaw Capital is making its first-ever investment in clean energy. (Source images from Maoneng and Gaw Capital websites)

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.

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