NSW Labor pledges $1bn state-owned investment company for renewable projects if elected

Privatisation does not work. It has been a disaster for New South Wales and under Labor it stops,' leader Chris Minns says

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A New South Wales Labor government would create a $1bn state-owned energy security company to drive investment in renewable energy projects and lower prices in the state, the party's leader, Chris Minns, has said.

On Sunday, Labor will pledge to establish a NSW energy security corporation", an investment vehicle for renewable energy projects in the state, should the party win the 24 March state election.

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