AGL to split from coal plants in demerger Updated Save Share Embattled electricity giant AGL Energy will split itself in two separately listed businesses to better handle the rapidly transforming energy market, separating its base coal power plants into a new company, Accel Energy, to be headed by existing interim CEO Graeme Hunt. The retail business backed up by renewables generation and gas power – and with a carbon-neutral portfolio in terms of direct emissions – will be called AGL Australia and will be headed by AGL’s existing chief customer officer, Christine Corbett as CEO. AGL’s Christine Corbett will run the retail business.