Response to media reports of an offer from Alinta Energy
AGL Energy Limited (AGL) notes media reports this morning that AGL has received an offer from Alinta Energy to acquire the Liddell Power Station.
At this stage, AGL has not received any offer from Alinta.
AGL has sought clarification from Alinta in relation to the media reports. Alinta has advised that its offer will be submitted later today. AGL will provide further updates to the market as appropriate.
AGL has not sought to sell the Liddell Power Station, as it requires Liddell to provide energy to its customers until 2022 and for repurposing as part of its NSW Generation Plan post 2022.
AGL is committed to helping shape a sustainable energy future for Australia. We operate the country’s largest electricity generation portfolio, we’re its largest ASX-listed investor in renewable energy, and we have more than 3.6 million customer accounts. Proudly Australian, with more than 180 years of experience, we have a responsibility to provide sustainable, secure and affordable energy for our customers. Our aim is to prosper in a carbon-constrained world and build customer advocacy as our industry transforms. That’s why we have committed to exiting our coal-fired generation by 2050 and why we will continue to develop innovative solutions for our customers.