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NICE PICKUP: APA Group says the Emu Downs windfarm near Cervantes is strategically located near its gas infrastructure assets.

Emu Downs wind farm sold for $171m

Australia's largest gas infrastructure business APA Group has announced it will acquire the Emu Downs Wind Farm, formerly part of Rick Stowe's Griffin Group, for $171 million.

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APA Group (APA)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/05/19

1 year TSR5 year TSR
78thMyer56%-17%
158thAPA Group23%14%
172ndStockland21%14%
374thOil Search-13%-4%
428thTPG Telecom-20%46%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

33rd-Myer$2,572.3m
34th↑TPG Telecom$2,480.5m
35th-APA Group$2,356.3m
36th-Oil Search$2,189.5m
37th↑Stockland$2,123.0m
79 listed non wa companies ranked by revenue.
Source: Morningstar

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