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Chow Tai Fook Enterprises Said to Be Considering Selling Stake in Australian Power Firm Alinta
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NEW WORLD DEV (00017.HK)'s parent company, Chow Tai Fook Enterprises, has hired advisers to study a disposal plan for Australian power company, Alinta Energy, including the sale of parts of its stake, Bloomberg quoted sources as saying.

The company is exploring collaboration and co-investment opportunities with potential partners, and has been considering opportunities to support its growth, including investment in renewable energy projects, the report quoted a spokesperson of Alinta Energy as saying.

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