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.