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Coles (ASX:COL) records 6.1pc sales decrease in the March quarter

Coles (ASX:COL) records 6.1pc sales decrease in the March quarter
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Supermarket giant Coles (COL) has recorded a sales decrease of 6.1 per cent for the March quarter as the negative impact of COVID-19 continues
However, liquor and Coles Express sales increased 2.6 per cent and 7.4 per cent, respectively
Total revenue for all three sectors totalled nearly $8.76 billion, down from $9.22 billion in the prior corresponding period
Due to social distancing and store closures, eCommerce sales increased 5.5 per cent in Q3, up from a 5.3 per cent growth in Q2 FY21
The supermarket is aiming to deliver zero greenhouse gas emissions by 2030 and have its entire business using 100 per cent renewable electricity by the end of FY25 ....

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Coles launches new sustainability initiative

Coles launches new sustainability initiative
cmo.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cmo.com.au Daily Mail and Mail on Sunday newspapers.

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Wind Farms: EPC Contractor Ordered Not to Stop Power Generation | White & Case LLP

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Power projects usually contain a period of time, prior to completion and taking over, where power is being generated and can be sold into the grid or to an offtaker. Earlier this month, the Supreme Court of Victoria ordered an EPC Contractor not to prevent power generation for an onshore wind farm project during such a period.
Early generation revenue during a power project can provide a significant income stream in the early stages of a power project, and is therefore sought after where available. But it can never be assured, due to the many variables affecting the process of designing, constructing and commissioning a project. The Lal Lal Wind Farms case considered a project where early generation revenue was imperilled due to a contractor s proposal to stop generation for an unspecified period of time in order to rectify defects. ....

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