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ALINTA’S $250-MILLION BID FOR AGL’S LIDDELL POWER STATION

Alinta Energy has formally offered AGL $250-million for the ageing Liddell power station.

 

AGL today confirmed it has received a non-binding and highly conditional cash offer from Alinta and its Hong Kong-based owner, Chow Tai Fook Enterprises, for the Hunter facility, its associated assets and site.

It’s “assessing the proposal” – but is giving no assurances a sale will result.

AGL says it has not sought to offload Liddell, which it needs to provide energy to its customers until 2022.

 

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Jane Goldsmith

Jane Goldsmith is a journalist, newsreader and producer based in Newcastle and began working with NBN Television in 2001. Originally from Port Macquarie, Jane has worked in television news and radio and studied at the University of Newcastle.

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