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Mar 30, 2021

AGL business split to silo gas and coal-fired plants

AGL business split to silo gas and coal-fired plants AGL's assets include the 2210MW Loy Yang power plant, with accompanying open-cut coal mine, in Victoria.

Major energy company AGL has revealed plans to spin its gas and coal-fired power plants into a separate business called PrimeCo under a ‘structural separation’. And it is beginning sale processes for assets described as ‘less critical to our future direction’, including the Newcastle Gas Storage Facility and Queensland’s Silver Springs gas project. Filling about…

This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Miner’s Life, iQ Rockhampton, iQ Coal and Mining North, iQ Coal and iQ Geo, iQ Civil and iQ Coal, iQ Civil and Mining North, and iQ Civil and iQ Geo members only.
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