Chanticleer
AGL bid is a Cannon-Brookes special
The consortium bidding for AGL gets the market message that its bid is too low, but there is no sign yet of a higher offer.
Software billionaire Mike Cannon-Brookes says the takeover of AGL, in partnership with Brookfield Asset Management, is “the single biggest decarbonisation project” they could find in the world.
But getting to the endgame of owning the business and shutting the Liddell and Loy Yang A coal-fired power stations by 2030 will take a lot more money than currently proposed.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Energy
Fetching latest articles