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22.01.26 - 00:30
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Operation Of Australia′s Largest Coal Power Station Extended To 2029 (ZeroHedge)
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Operation Of Australia's Largest Coal Power Station Extended To 2029
Authored by Rex Widerstrom via The Epoch Times (emphasis ours),
The 2,880-megawatt Eraring coal-fired power station will continue to operate until 2029, operator Origin Energy has announced.
Eraring coal-fired power station, the largest in Australia, on the shores of Lake Macquarie southeast of Newcastle in New South Wales, Australia. Nick Pitsas/CSIRO
The facility is the country's largest power station by output and is situated on the banks of Lake Macquarie, north of Sydney in New South Wales (NSW).
In an announcement to the ASX (pdf), Origin said the move would reduce risks to system security, highlighted by the Australian Energy Market Operator (AEMO) in its recent Transition Plan for System Security.
That report warned that, in NSW alternative energy assets required to “maintain system security are not currently scheduled to be operational before the announced retirement date of Eraring Power Station.”
“We've ta...
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21.01.26 - 22:12
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Genesis Energy lifts FY26 guidance in strong Q2 earnings (Fool)
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Genesis Energy hiked its FY26 EBITDAF guidance after a strong Q2 driven by hydro gains, portfolio optimisation, and renewables progress.
The post Genesis Energy lifts FY26 guidance in strong Q2 earnings appeared first on The Motley Fool Australia....
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15.01.26 - 12:06
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Genesis Energy, L.P. Declares Quarterly Distribution (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Genesis Energy, L.P. (NYSE: GEL) announced today that the Board of Directors of its general partner declared a quarterly cash distribution to be paid to Genesis common unit holders and Class A Convertible Preferred unit holders with respect to the quarter ended December 31, 2025. Each holder of common units will be paid a quarterly cash distribution of $0.18, or $0.72 on an annualized basis, for each common unit held of record. Each holder of preferred units will be paid a quarterly cash distribution of $0.9473, or $3.7892 on an annualized basis, for each preferred unit held of record. These quarterly distributions will be paid on Friday, February 13, 2026 to holders of record at the close of business on Friday, January 30, 2026.
Grant Sims, Chairman and CEO, commented “As expected, Genesis began generating free cash flow in the back half of 2025, and we anticipate that free cash flow will continue in 2026 and beyond. We deployed this cash, initially, to pay down debt in absolu...
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17.12.25 - 23:36
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Stonepeak to Acquire Allgas (Business Wire)
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NEW YORK & SYDNEY--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has entered into a definitive agreement to acquire Allgas, a leading gas distribution network located in Queensland, Australia, from the APA Group (ASX: APA), Marubeni Corporation, and other shareholders.
Allgas is the provider of gas haulage infrastructure in the catchment area spanning Brisbane to the northern tip of New South Wales, and separately, Toowoomba and Oakey. Its extensive network includes approximately 3,900kms of distribution mains that supply approximately 120,000 households and businesses, nine gate stations, and 123,000 metering devices. Through its connection to major Queensland supply hubs and the extensive reserves available in the region, Allgas serves as a reliable source of energy distribution for its customers.
“This transaction underscores Stonepeak's long-held conviction in natural gas as an essential component of the ene...
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09.12.25 - 14:30
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Australia′s energy grid must triple capacity by 2050 with major increase to wind and solar, Aemo says (The Guardian)
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Market operator says capital cost of infrastructure under optimal path would be $128bn in today's dollars, but price of delay is even higherGet our breaking news email, free app or daily news podcastThe capacity of Australia's main electricity grid will need to triple by 2050 – including a fivefold expansion of large-scale wind, solar and storage – under the most likely development path, the national energy market operator says.The estimate is included in the Australian Energy Market Operator (Aemo) draft “integrated system plan” for the national electricity market, the power grid that connects the five eastern states and the ACT. Continue reading......
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