The other billionaire couple behind software Atlassian, Scott Farquhar and wife Kim Jackson, have joined an influential group of billionaire investors prepared to target ASX firms.
Skip Capital’s Scott Farqhuar and Kim Jackson are another example of how an influential group of billionaire families are pioneering a new style of activist investing.
. It has operated a 50 megawatt solar project since 2017 and is developing a 250MW pumped hydro storage project, which is to be located in a former gold mine. It owns a second solar project in NSW, and a battery project in central Queensland that is due to commence operation in the middle of next calendar year.But as with many listed renewable infrastructure firms, life as a listed company has been challenging for Genex.
, giving their consortium a 19.99 per cent stake in Genex. On Friday night, Skip and Stonepeak lobbed their bid to Genex’s board, priced at 23¢ a share – a whopping 70 per cent premium to Genex’s last close, and a 95 per cent premium to its volume weighted average price over the previous month.
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