All four short-listed bidders for the prized $9 billion NSW transmission network owner TransGrid have been cleared by the Foreign Investment Review Board, despite the growing controversy over sales of strategic assets to foreign companies. China's State Grid and its bidding partner, Macquarie Infrastructure, and Real Assets, bidding as Power NSW, are understood to have been cleared by FIRB, despite senior intelligence sources raising the alarm about the potential of a sale to Chinese government interests. NSW Treasurer Gladys Berejiklian played down the security concerns, noting that the government has been "proactively engaging" with FIRB on the transactions for the poles and...
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