Takeover bid only chance for Origin/Azure suitors
Takeover bids are tougher to execute when it comes to ASX buyouts, but for Origin Energy and Azure Minerals suitors, they may not have a choice.
Origin Energy
Revised $20bn bid for Origin on knife’s edge
Origin Energy’s biggest shareholder AustralianSuper has rejected an increased takeover bid for the energy major, saying it ‘remains substantially below’ its long-term value estimate.
The high stakes takeover game for Origin
The $18.7bn bid for Australia’s largest energy retailer, Origin Energy, has become a finely balanced, high stakes game that could have very different outcomes for shareholders.
Eraring focus is ‘keeping the lights on’
NSW Treasurer Daniel Mookhey has said he ‘wouldn’t use budget estimates’ to negotiate an Eraring extension, saying the government ‘had not made any commitments’
AustralianSuper to vote against $18.7bn Origin bid
The super fund’s rejection will raise pressure on Brookfield and EIG to raise their offer price or risk defeat.
ASX flat; Rinehart’s Hancock has $5bn profit
Billionaire’s mining giant’s profit falls. Argument breaks out on Endeavour AGM floor. Weak China data hits resources stocks. Treasury Wine’s $1.4bn DAOU Vineyards buy. AustSuper rejects Brookfield/EIG Origin bid.
Origin, Venice Energy in east coast LNG import push
The takeover target is turning to imports to help Australia’s east coast deal with its gas supply crunch as traditional sources run dry and permissions to dig new wells get harder.
Beach Energy blames Origin for revenue slump
The result is the latest in a string of disappointments, but the Kerry Stokes-backed company said Origin Energy was the primary driver for the underwhelming production figures.
Lazard lurking in the shadows over Origin Energy
AustralianSuper is believed to be drawing on the skills of some of the brightest minds in the infrastructure and energy sector to get a better price for its stake in the country’s largest energy retailer.
We risk getting out of global transformation too early
The real decision facing Origin Energy shareholders is whether to take the cash value now, or take the opportunity to participate and win big from the next chapter of the industrial revolution.
NSW faces generation shortfall when Eraring retires
A report coming out on Thursday shows NSW will not have sufficient supplies to ensure reliable supplies of power.
Release of report on future of Eraring delayed
The NSW state government has pushed back its promise to deliver an independent report into the future of Origin Energy’s Eraring coal power station.
Alinta offers energy deal in exchange for Eraring extension
The energy retailer’s offer is another move to capitalise on concerns about how to extend the lifespan of NSW’s largest source of power.
Australia needs policies to promote gas, says Origin CEO
Energy boss Frank Calabria says the nation must incentivise new gas fired power generation capacity, and authorities will need to develop plans to smoothly manage the retirement of coal.
Brookfield, MidOcean agree to short ACCC extension
The parties have agreed to give the regulator an extra month to review the deal, which is seen as a watershed moment for Australia’s energy transition.
Origin, Coles to roll out solar to 100 stores
The innovative, jointly funded deal, will see 20MW of solar installed across 100 supermarkets and bottle shops over the next three years.
Solar panel, battery manufacture on Brookfield agenda
The group’s deal with Reliance will aid its renewable energy plans if it succeed with its $18.7bn deal for Origin Energy.
Gas drives Origin Energy’s revenue spike
The result will intensify debate about the value of Brookfield and MidOcean’s $18.7bn deal for Origin Energy, which is a watershed moment from Australia’s energy transition aspirations.
Origin charges into battery expansion
Australia’s largest energy utility wants to build batteries across much of the nation’s eastern seaboard, boosting the energy transition and allowing it to profit from market volatility.
Merlon leads Mercer rankings of top 10 funds
Cashing in on coal miners, Super Retail Group, Origin Energy and Qantas has seen Merlon’s Concentrated Value Strategy achieved an impressive return in the coveted Mercer survey.
Original URL: https://www.theaustralian.com.au/topics/origin-energy/page/6