AGL’s Vic gas import plant knocked back
AGL may be forced to buy gas from rivals, after the Victorian government rejected its gas import plant amid community protest.
Agl Energy
AGL to split into two by end of 2021
AGL will create separate retailing and generating businesses, as a solar-sparked price rout helps slam the brakes on earnings growth.
ASX falls to 4-day low
It was another disappointing day for Australian shares and the market erased a solid intraday rise for a second day running.
UK deal fuels AGL smart power
Power giant AGL Energy has struck a digital tie-up with one of Britain’s biggest energy suppliers.
‘Ugly duckling’: Another Vic coal plant under question
AGL Energy may look to sell off or split out its Loy Yang A coal power plant in Victoria to reduce its carbon footprint, analysts at Macquarie say.
Split on cards as AGL looks to reinvention
AGL boss Brett Redman is doing his very best to signal a corporate split next Tuesday when he gathers analysts for his strategy day.
Tilt purchase bolsters AGL renewables punch
AGL Energy has strengthened its clean energy clout after the Powering Australian Renewables venture paid $NZ2.96bn ($2.75bn) for Tilt Renewables, winning a hotly contested battle.
Tilt bid dashes Infratil hopes
The knockout $NZ2.96bn ($2.75bn) bid for Tilt Renewables has dashed hopes a sweetened offer would emerge for Infratil from AustralianSuper.
Forrest’s plan to replace a billion litres of diesel
Billionaire Andrew Forrest is trialling three new energy projects designed to replace more than a billion litres of diesel a year and make his company carbon neutral 10 years ahead of schedule.
Looking to invest in renewables? Keep looking
Tilt’s exit leaves the ASX virtually a renewables-free zone, but Fortescue and AGL are laying bets on the industry’s future.
QIC consortium wins $3bn Tilt race
Updated | A consortium including The Future Fund, AGL Energy, Queensland Investment Corporation and Mercury Energy has tapped a sydnicate of at least five banks to fund its $NZ2.96 billion offer for Tilt Renewables
Power prices surge after fire
Wholesale electricity prices in South Australia surged more than 300-fold on Friday night after a fire knocked out AGL Energy’s Barker Inlet gas-fired power plant.
AGL rethinks model as price slump hits
Speculation is growing the power group may split its retail and generation arms, after plunging to a $2.28bn half-year loss.
AGL hopeful for Alcoa’s Portland smelter
AGL Energy is “very hopeful” Alcoa’s Portland aluminium smelter in Victoria will continue to operate after its current power deal runs out.
Redman generates plans for shake-up at AGL
AGL boss Brett Redman has flagged a potentially major shake-up of the company in the face of falling wholesale electricity prices.
Power shock for energy majors
AGL and Origin have suffered hits sparked by weaker electricity prices that are likely to extend into the 2022 financial year.
Courage required at AGL
AGL boss Brett Redman will have to do a lot more than sell mobile phone contracts if he is going to claw the company back from its own mistakes.
ASX slips amid Origin, AGL woes
After a three-day winning streak, Australian stocks closed lower. Gina Rinehart takes Vulcan lithium stake. Nick Scali up on bullish outlook.
Origin, AGL suffer hits from plunging power prices
Origin Energy has downgraded its full year guidance while AGL took a surprise $2.69bn writedown
AGL warns of $2.7bn writedown
AGL Energy’s warning of a hit to first-half earnings comes as it responds to a worsening outlook for wholesale energy prices.
Original URL: https://www.theaustralian.com.au/topics/agl-energy/page/19