Login AGL's $2.7 billion asset write-down partly due to impact of wind and solar contracts04/02/2021|5min Sky News Business Editor Ross Greenwood says energy company AGL's write-down in its asset value of $2.7 billion is in part attributable to wind and solar contracts entered into and the coronavirus pandemic. "You'd naturally think is all about coal-fired power stations but it's actually not. It's partly about the amount of money they have to put aside to basically rehabilitate some of the land these power stations are on when they're decommissioned," he said. "But the second part is their wind and solar farms. They entered into contracts going way, way back, thinking and presuming they'd get certain prices. Those prices have now collapsed in electricity because of coronavirus and a lack of industrial output.