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Ingka Group buys stake in $2b Australian wind farm

Ingka Group, which owns the majority of IKEA stores worldwide, has acquired a 15 per cent stake in the AUD$ 2 billion (€1.3 billion) Golden Plains wind farm of TagEnergy near Geelong, Australia.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.