Opinion
This man made hundreds of millions on coal, why is he selling now?
The owners may change as both listed companies and some private investors walk away from fossil fuels, but there are still plenty of buyers willing to bet on their future.
Angela Macdonald-SmithSenior resources writerWhile fewer and fewer investors want to own fossil fuels, the inconvenient truth is that they are still needed – and will be for years to come.
The exit of Rich Lister Trevor St Baker from the Vales Point coal power station in NSW through a deal inked last Friday with a little-known Czech outfit marks the departure from the beleaguered sector of one of its biggest advocates.
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