A move by the Queensland government to step back from equity stakes in renewables projects may open up private investment opportunities, but industry sources say investors have been rattled by the changes and by a crackdown on project approvals.
State-owned CleanCo last week pulled out of a plan to invest in the Moah Creek wind farm near Rockhampton – a central part of a $500 million initiative under the previous Labor government to directly invest in wind and solar projects to meet clean energy targets.