AGL sweetens EV offering as demand accelerates
AGL Energy will offer customers who own an electric vehicle cheaper overnight charging, as it hopes to tap into the growing market.
Agl Energy
AGL dumps fossil fuel lobby group
AGL Energy has dropped membership of two lobby groups, including a major fossil fuel advocate, as the power giant reworks its image to hit ambitious green goals this decade.
Aussie billionaire rips ‘toxic’ company
Atlassian co-founder Mike Cannon-Brookes did not mince his words when asked about Australia’s largest energy company.
Cannon-Brookes goes rogue on ‘toxic’ AGL
Mike Cannon-Brookes has hit out at the energy company he has invested $700m in, describing it as ‘one of the most toxic companies on the planet’.
ASX slides on energy; ends week up 0.2pc
Bourse sees small weekly gain. Star rockets on NSW tax deal. Iron ore flat amid Chinese property woes. Dollar set for a fourth weekly loss. Cettire CEO’s $100m selldown.
AGL sees little power price relief
AGL Energy believes power prices will remain at high levels over the next two years as the industry grapples with a shift to renewables.
ASX ends up 0.3pc; Lake soars, Downer dumped
Lake Resources rockets ahead of key address. Downer dumped after FY23 loss. Boral sees strong turnaround. Ansell faces class action. Cettire rallies on demand outlook.
AGL’s rising stock may tempt Cannon-Brookes to sell
With AGL Energy’s share price on a tear of late, could Mike Cannon Brookes be about to sell down his stake in AGL Energy?
ASX tumbles 1.3pc; banks, miners dumped
Sentiment turns after Fitch cuts US credit rating. Dollar slides to two-month low. Macquarie flags AGL challenges. Woolworths faces 1000 criminal charges over unpaid leave.
ASX falls 0.2pc on tech; rises slightly for week
Bourse ends Friday lower as investors dump tech stocks. Newcrest dives after Newmont’s profit miss. Coronado reaffirms guidance. Mineral Resources hammered on broker cut.
Liddell coal exit led to rise in power prices
Electricity prices rose after AGL shut down NSW’s Liddell coal power station in April, exacerbating fears over a jump in household bills as the fossil fuel exits the power grid.
AGL charged for ‘failing to stabilise’ energy grid
The charge against AGL for failing to follow orders and deliver market stability is the latest enforcement action by the regulator amid mounting public anger.
ASX rises 1.5pc for week; Link dives
Bourse also ends the week and quarter slightly higher. Downer jumps on $4.6bn rail contract. Link dives on HESTA loss. Bubs drops after China axing.
Cannon-Brookes trims his AGL stake
Mike Cannon-Brookes Ventures Grok remains AGL’s largest shareholder but he now owns 10.41 per cent of the energy company.
ASX ends win streak; falls 0.6pc on miners
The bourse’s best winning streak since April has ended. Rex dives after earnings downgrade. TPG falls following Telstra deal rejection. CBA drops refinance threshold.
Why AGL needs to think more like Macquarie in green rebuild
The road to becoming a green energy giant will also require the 186-year-old company to undertake its own mammoth transformation.
AGL shares soar as profits tipped to hit three-year high
AGL, under pressure to fund a $20bn green energy transition without damaging its balance sheet, has posted a significant turnaround from its sour first-half result.
AGL profits surge as households face huge power bills
Energy giant AGL has forecast a huge increase in profits, while households are grappling with power costs which will jump by hundreds of dollars this year.
ASX up for fifth day; rises 1.8pc for week
Westpac forecasts ‘insipid growth’, cash rate peak of 4.6pc. AGL to more than double profit in FY24. Bank of Japan holds rates steady. Mineral Resources makes gas discovery.
AGL, BP plug in to ride electric-vehicle boom
The deal will incentivise AGL customers to use BP pulse’s charging infrastructure, as the duo look to capitalise on soaring demand for zero emission cars.
Original URL: https://www.theaustralian.com.au/topics/agl-energy/page/4