Consortium of investment funds led by Australians Hastings fund management wins long-term lease in deal that nets $10bn for the state governmentAn Australian-led consortium of investment funds has won the long-term lease of the NSW electricity distributor TransGrid in a deal worth more than $10bn.“We’ve taken a giant step in spending taxpayers money more wisely on things that make a contrast to their daily lives like better schools,hospitals, public transport and roads, and ” the premier,Mike Baird, said on Wednesday.
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Source: theguardian.com