As the NSW government’s auction process for Macquarie Generation nears the crunch date for final offers on Wednesday, it seems not all is well with ERM Power ’s efforts to raise some $1 billion of ...
Bids are due from ERM and AGL on Wednesday for the NSW government-owned Macquarie Generation, or ‘MacGen’. MacGen is comprised of two large coal-fired generators: the 2640 MW Bayswater and 2000 MW ...
ERM Power would struggle to raise the $1 billion equity required to buy Macquarie Generation’s two power plants, according to CIMB analysts. Brisbane-based ERM is one of a handful of bi dders for ...
The utility that once prided itself on being the cleanest in Australia, and insisted that the best way to prepare for a clean energy future was to invest in renewables, is proposing to dig itself ...
If the federal government is worried about electricity prices it should be looking at this: AGL has this morning confirmed it will buy one of the country’s largest electricity generator, the New South ...
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