The estimated value of the NSW government’s stake in the Snowy Hydro-electricity Scheme has tripled to more than $3 billion.
A report by NSW Auditor-General Peter Achterstraat revealed the market value of the state’s 58 per cent share in Snowy Hydro was $3.3 billion as at June 30.
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Michaela Whitbourn is a legal affairs reporter at The Sydney Morning Herald. Connect with Michaela on Twitter.