Gas fight heats up with NSW plant tick
EnergyAustralia’s move to expand its Tallawarra gas power plant has stoked debate over whether the grid needs more supply.
EnergyAustralia’s move to expand its Tallawarra gas power plant has stoked debate over whether the grid needs more supply.
Amid forecasts of a ‘messy decade’ for energy, AGL has warned of a crash landing if coal plants exit the national electricity market too soon.
The energy major will take a $108m pre-tax hit after abandoning its controversial LNG import plant.
AGL Energy’s interim boss Graeme Hunt gathered together his executive team on Thursday as the power giant looks to move on from the departure of Brett Redman.
The private sector looks to have fallen short committing to replace 1000MW of dispatchable power that will disappear with the closure of AGL’s Liddell coal fired power station.
The corporate shake-up engulfing AGL Energy has deal-makers sharpening their pencils.
AGL chairman Peter Botten is rebuffing speculation its board may have grown resistant to a split.
AGL Energy investors have raised concerns about the strategic direction of the company after the sudden resignation of Brett Redman.
The official version is Brett Redman handed in his resignation. But his hasty exit has sent the rumour mill into overdrive.
Why CEO Brett Redman is leaving AGL now, before details of its demerger are finalised, beggars belief.
The boss of coal-fired power giant AGL Energy has suddenly quit, just weeks after the company unveiled a radical plan to split the business.
Brett Redman’s sudden exit comes just weeks after he laid out plans to split the energy giant, sparking speculation of an internal rift.
The board just spent three days working on how to split AGL. The mystery is why Brett Redman now has no part in its plans.
The ASX200 continued to rebound strongly as regional markets tracked gains in Europe and the US, despite renewed COVID concerns.
A new set of priorities underpins investment choices for our biggest companies.
The higher bid, which all but secures the sale of the energy play, comes on the heels of a Canadian pension fund approaching the board of Tilt Renewables with an offer of $NZ8 per share.
On Tuesday, Brett Redman held the most important investor day he had ever had as chief executive of Australia’s largest electricity provider, AGL.
Analysts have mixed feelings about AGL’s break-up and want more detail about how the new retail business will support its generation business.
AGL’s planned split will mirror the schism in the national energy market, with a green-tinged retail arm and a generation giant dominated by coal.
AGL’s boss has taken the biggest plunge of his corporate career, slicing it in two in a bid to revive both its retail and generation arms.
Original URL: https://www.theaustralian.com.au/topics/agl-energy/page/18