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Capturing data…
Capturing data…
WED, 21 OCT · 81 ITEMS
"Blackstone and IFM bid for Rio Tinto's $7B Australian power assets" — AFR (Australian Financial Review) · Australia
, a global private equity giant, and , an Australian infrastructure fund owned by industry super funds, have submitted bids to acquire 's portfolio of Australian power assets—likely coal-fired power stations and related electricity infrastructure. The assets are reportedly valued at around $7 billion, and the sale process has attracted multiple bidders over the past months.
The claim originates from the Australian Financial Review (AFR), a respected business newspaper, citing unnamed sources close to the process. While AFR has consistently reported on this auction since mid-2026, no official confirmation from Rio Tinto or the bidders has been released, so the claim is well-sourced but not yet formally verified.
Genuinely new—the AFR article reporting the bids was published on 20 October 2026, and the search results show no earlier mention of these specific bids being submitted.