Macquarie pulls pin on its pursuit for big stake in EnergyAustralia
The asset manager was the front-runner to snare a 50 per cent stake in the electricity supplier from Hong Kong-listed parent CLP Group.
Source: afr.com
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CLP seeks 'long-term partner' for EnergyAustralia
Buying into the generator and retailer would open an avenue for Macquarie to tap the huge opportunity arising from the transition as coal plants close.
Source: afr.com
Compensation for coal price cap could near $1 billion
Federal and state governments could face massive compensation payments for coal power stations in New South Wales and Queensland.
Source: australianmining.com.au
NSW coal power stations set to receive $500m in price-cap compensation
State government sources’ figure comes on top of estimate of up to $450m for Queensland plant
Source: theguardian.com
Electricity prices Australia: Generators in dark over coal compo plan as PM negotiates with states
Company insiders have cast doubt on the estimates coal-fired generators could receive up to $500m amid confidentiality around contracted coal prices
Source: afr.com