‘New path’: AGL splits power plants, retail as green shift accelerates

Nick Toscano, The Sydney Morning Herald, 30 March 2021

A demerger of AGL’s carbon-intensive coal and gas-fired power plants is a “live option” as the energy supplier moves to split its generation assets from its retail business and lift its appeal to investors. Chief executive Brett Redman said the rapidly evolving energy market and customer demands were “driving the imperative to create this new path”. AGL outlined plans to divide itself in two separate…

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