Alinta announces $250m bid for AGL's Liddell coal power station
by Katharine Murphy Political editor from on (#3P0A9)
Hong Kong's Alinta says it has made a nonbinding offer for the plant that is slated to close in 2022
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The Hong Kong-owned energy retailer Alinta Energy says it has made good on a much-telegraphed offer for AGL Energy's ageing Liddell coal plant after achieving board sign-off at the weekend.
AGL confirmed on Monday it had received a non-binding and "highly conditional" $250m cash offer from Alinta and its Hong Kong-based owner, Chow Tai Fook Enterprises, for the power station and site.
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