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Frank Calabria

November 2024

Origin Energy chief executive Frank Calabria isn’t waiting to see the terms of a review into Australia’s National Electricity Market.

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.

  • Anthony Macdonald
Origin Energy CEO Frank Calabria at a CEDA lunch in Sydney on Monday.

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.

  • Angela Macdonald-Smith

August 2024

Origin’s Eraring coal power generator. The company recorded a surge in earnings at its energy markets business.

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.

  • Updated
  • Angela Macdonald-Smith

June 2024

One of the reactors would be built at the Traralgon coal-fired site in Victoria.

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.

  • Angela Macdonald-Smith
Origin Energy chief executive Frank Calabria is showing the market the energy giant can walk and chew gum at the same time.

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.

  • Updated
  • James Thomson
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May 2024

Origin Energy’s Eraring power station.

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.

  • Updated
  • Ben Potter and Elouise Fowler
Origin Energy CEO Frank Calabria and Octopus Energy CEO Greg Jackson at Octopus’s London HQ.

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.

  • Hans van Leeuwen
Origin Energy CEO Frank Calabria and Octopus Energy CEO Greg Jackson at the Octopus HQ in London.

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.

  • Hans van Leeuwen

February 2024

Alinta CEO Jeff Dimery says “safety net” measures are needed to ease coal power out of the system.

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.

  • Angela Macdonald-Smith
Origin Energy CEO Frank Calabria in Sydney on Thursday.

‘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.

  • Updated
  • Angela Macdonald-Smith
Frank Calabria.

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.

  • Angela Macdonald-Smith

December 2023

Origin CEO chairman Scott Perkins talk to media after the failed shareholder vote on Monday in Sydney.

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.

  • Updated
  • Angela Macdonald-Smith and Ben Potter
Origin CEO Frank Calabria and chairman Scott Perkins talking to media after the vote.

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.

  • Updated
  • Angela Macdonald-Smith

November 2023

Origin CEO Frank Calabria and chairman Scott Perkins told investors on Thursday they need time to consider a revised proposal from the Brookfield consortium.

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.

  • Updated
  • Jenny Wiggins, Anthony Macdonald and Ben Potter

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.

  • Angela Macdonald-Smith
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Brookfield’s Asia-Pacific head Stewart Upson is urging Origin shareholders to accept the sweetened offer.

‘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.

  • Updated
  • Angela Macdonald-Smith

September 2023

The pace of renewables expansion needs to pick up to reach 2030 targets.

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.

  • Angela Macdonald-Smith

August 2023

Origin Energy CEO Frank Calabria said operational performance was strong in 2022-23.

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.

  • Updated
  • Angela Macdonald-Smith

June 2023

Origin Energy CEO Frank Calabria warned gas is necessary for the energy transition.

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.

  • Angela Macdonald-Smith

April 2023

Origin Energy ceo Frank Calabria.

Origin Energy gas revenues rise 7pc

The result reflects a global energy crunch, but it will do little to dampen calls for the government to push through its aggressive intervention.

  • Colin Packham

Original URL: https://www.afr.com/person/frank-gerard-calabria-2ye