February
Origin CEO calls for focus on ‘critical’ energy security
Frank Calabria’s comments came as Origin posted a small beat in first-half earnings but downgraded expected full-year profits from fast-growing Octopus Energy in the UK.
November 2024
How to keep Australia pumping for another 25 years, and the lights on
The Origin Energy boss has been in his industry and job long enough to know when to fly kites.
Origin CEO calls for redesign of failing national power market
Frank Calabria has proposed a market mechanism to drive investment in gas power plants needed to support renewables and head off further government intervention.
August 2024
Origin Energy shares hit as profits, outlook miss forecasts
Chief executive Frank Calabria says profits from supplying energy to customers will fall as margins shrink and coal becomes more expensive.
June 2024
Nuclear no help in today’s energy supply crisis: industry
Energy-intensive industry says the Coalition’s nuclear plan delays action on emissions and doesn’t address energy security and affordability for the next decade.
AusSuper was right on Origin. But that’s not great for the rest of us
If Origin and its investors loom as winners from various phases of the energy transition, it’s worth considering who the losers will be.
May 2024
Fears Eraring subsidies will need to be extended
Keeping the country’s biggest coal-fired power station open until 2027 has raised questions about whether it will be needed to keep the lights on into the 2030s.
What was Origin Energy boss Frank Calabria really doing in London?
He flew halfway round the world to hold a strategy day for UK upstart Octopus Energy. The message for Origin shareholders and analysts: take another look.
Origin reaps $420m Octopus gain as Aware Super climbs on board
The UK energy disruptor has upped its valuation by 15pc, in a transaction that brought in Aware and raised the value of Origin’s stake beyond $2 billion.
February 2024
Coal back-up needed: Energy CEOs warn transition falling behind
Leading energy chief executives argue a coal safety net to smooth the exit away from fossil fuel generation will keep the supply of power reliable.
‘Better if we are stronger’: Origin CEO defends profit surge
The power and gas supplier has raised guidance for profits in its energy markets business for the full year, but advised that figure will likely fall next year.
Frank Calabria’s Origin reset is only just beginning
This year, Calabria is expected to spell out a new strategy to lead the country’s biggest listed electricity and gas supplier through Australia’s energy transition.
December 2023
Origin shareholders demand demerger, higher dividends in deal fallout
Some of the energy giant’s largest investors say that returning to business as usual is not an option after the collapse of a $20 billion sale process.
AusSuper offers Origin capital after $20b takeover fails
AustralianSuper, which was instrumental in the rejection of a $20 billion takeover on Tuesday, offered to provide capital to help the country’s biggest electricity and gas supplier fund its transition.
November 2023
AustralianSuper blasts Brookfield’s ‘low-ball’ Origin offer
The shareholder vote is postponed until December 4, so Brookfield and Origin have almost two weeks to try to woo investors to accept the existing takeover plan.
Proxy advisers all back $20b Origin deal ahead of decisive week
Ownership Matters is now the third proxy adviser to recommend the deal, which is struggling to secure the 75 per cent shareholder support it needs.
‘Voting miracle’ needed at Origin after AusSuper snubs bid
Securing Origin Energy shareholder approval of 75 per cent for the sweetened takeover bid is a “big ask”, a Morningstar analyst says.
September 2023
The $18.7b bid for Origin depends on this key question
The competition watchdog may be wary. Investors are sceptical. But can the $18.7 billion buyout jump-start the end of coal generation? Brookfield says yes.
August 2023
Origin’s profit surge inflames bid debate
An expected further improvement in energy markets earnings this coming year is likely to be followed by a dip, as price relief finally arrives for customers.
June 2023
Transmission is biggest threat to energy transition: Origin CEO
Frank Calabria also warned Australia is squandering its natural advantage in gas, with households and businesses to pay the price.