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Gas deal between ENGIE and Origin guarantees four-year supply for Pelican Point power plant

Posted Within Resources On 30-10-2019

The reliability of South Australia’s electricity system has been strengthened with a four-year deal guaranteeing gas supply to the Pelican Point power station.

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Worley Parsons completes 3sun acquisition

Posted Within Resources On 30-10-2019

Worley Parsons (ASX:WOR) has completed its acquisition of UK based offshore wind energy installation, inspection and maintenance business 3sun Group for £20 million.

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Coalition gives $1bn to CEFC for 24/7 reliable renewable power

Posted Within Energy & Utilities On 30-10-2019

The federal Coalition government has injected another $1 billion into the $10 billion Clean Energy Finance Corporation – the same Labor-established green bank his party tried for years to abolish and hamstring – to underwrite renewables integration and grid stabilisation technologies

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AMP grabs half share of Macarthur wind farm, still Australia’s biggest

Posted Within Energy & Utilities On 30-10-2019

Investment group AMP Capital has secured a 50 per cent stake in what remains Australia’s largest operating wind farm, the 420MW Macarthur Wind farm, in a deal worth $880 million with the Malaysian based utility Malakoff Corporation.

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TerraCom acquires stake in Universal Coal with $35m investment

Posted Within Resources On 30-10-2019

TerraCom has secured a binding agreement to purchase a substantial shareholding in Universal Coal.

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