Australia's AGL sells bulk of Tilt Renewables stake for $487 million

AGL Energy

09/11/2025 21:44

Nov 10 (Reuters) - AGL Energy AGL.AX said on Monday it has sold 19.9% of its 20% stake in Tilt Renewables, a clean energy developer, for A$750 million ($487.35 million) to a group led by Queensland Investment Corp (QIC) and Australia's sovereign Future Fund.

($1 = 1.5389 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru; Editing by Chris Reese)

 ((Roushni.Nair@thomsonreuters.com;))