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Czech investor ‘excited’ to be coal-fired power’s white knight

Peter Ker
Peter KerResources reporter

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Acquisitive power generator Sev.en Global Investments has heaped pressure on Origin Energy’s talks with government over a life extension for the Eraring power station, saying it wanted to buy more Australian power assets and had more appetite to manage coal’s gradual exit than most incumbents.

Czech-owned Sev.en added four years to the life of NSW’s Vales Point coal-fired power station in July, shortly before the NSW government asked Origin to extend the life of the Eraring coal-fired power station beyond 2025 to help avoid blackouts.

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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

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    Original URL: https://www.afr.com/companies/energy/czech-investor-excited-to-be-coal-fired-power-s-white-knight-20230926-p5e7ur