Amendment to Macquarie Generation Acquisition Presentation
On 12 February 2014, AGL Energy Limited (AGL) announced it had entered into an agreement to acquire the Macquarie Generation assets, conditional on approval from the Australian Competition & Consumer Commission. The announcement included a presentation with details about the acquisition transaction and the Macquarie Generation assets.
AGL has made some minor amendments to Slide 9 of that presentation to clarify that the profitability per tonne shown was for one of the joint venture partners and not Tomago Aluminium Company Pty Limited. A copy of the amended Slide 9 is attached.
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.