How coal baron Trevor St Baker turned a $1m power plant into a money-making machine
by Adam Morton Environment editor from Environment | The Guardian on (#5B87S)
In 2015, the ageing Vales Point station seemed destined for the scrapheap - now, it's making more than $100m a year
If you are hoping to make your way in the energy business, you could do worse than to find someone who looks at you the way Coalition governments look at businessman Trevor St Baker.
In September 2015, the then NSW treasurer, Gladys Berejiklian, sold the Vales Point coal power plant to St Baker's Sunset Power International for just $1m.
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