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Brookfield open to talks with NSW on Eraring sale

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Brookfield, the prospective new owner of Australia’s largest coal-fired power station, has declared it would be open to discussions with the NSW government on a potential sale of the generator as it pursues the decarbonisation of Origin Energy, which it has agreed to acquire.

But speaking after the giant Canadian infrastructure investor and its partner EIG signed a binding deal to buy Origin for $18.7 billion, Stewart Upson, chief executive of the Asia-Pacific business of Brookfield, said any talks would have to involve the early closure of the huge generator as the end game, and not just defer a shutdown.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
Samantha Hutchinson is the AFR's National Reporter. Most recently, she was CBD columnist for The Sydney Morning Herald and The Age. Before that, she covered Victorian and NSW politics and business for The Australian, the AFR and BRW Magazine. Connect with Samantha on Twitter. Email Samantha at samantha.hutchinson@afr.com.au

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    Original URL: https://www.afr.com/companies/energy/brookfield-open-to-talks-with-nsw-on-eraring-sale-20230328-p5cvt3