AGL Energy Ltd : AGL suspends development of Dalton Power Station
10/19/2012| 02:02am US/Eastern
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19 October 2012 AGL Energy Limited (AGL) has today announced
that it is suspending development of the first stage of its
1,000 MW Dalton power station in New South Wales. The economic
viability of this project had been under review for several
months because of market conditions.
State and Federal government approvals remain valid for the
next five years.
AGL
suspends development of Dalton Power Station
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For further information please contact:
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Investors
John Hobson
Head of Capital Markets
Direct: + 61 2 9921 2789
Mobile: + 61 (0) 488 002 460
e-mail: john.hobson@agl.com.au
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Media
Julia Quinn
Head of Corporate Communications
Direct: + 61 2 9921 2041
Mobile: + 61 (0) 409 311 176
e-mail: kwinsbury@agl.com.au
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About AGL
AGL is one of Australia's leading integrated renewable
energy companies and is taking action toward creating a
sustainable energy future for our investors, communities and
customers. Drawing on 175 years of experience, AGL operates
retail and merchant energy businesses, power generation
assets and an upstream gas portfolio. AGL has one of
Australia's largest retail energy and dual fuel customer
bases. AGL has a diverse power generation portfolio including
base, peaking and intermediate generation plants, spread
across traditional thermal generation as well as renewable
sources including hydro, wind, landfill gas and biomass. AGL
is Australia's largest private owner and operator of
renewable energy assets and is looking to further expand this
position by exploring a suite of low emission and renewable
energy generation development opportunities.
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