Private owners net millions in sale of ageing coal-fired power station in NSW

Delta Electricity sells Hunter region station to Sev.en Global Investments which one critic labels worst of all outcomes'

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New South Wales taxpayers will feel rightly dudded" by the sale of an ageing coal-fired power station that likely netted the private owners hundreds of millions of dollars in profit, critics including the state opposition have said.

Delta Electricity said it sold the 1,320-megawatt Vales Point power station in the NSW Hunter region to Sev.en Global Investments, owned by Czech billionaire Pavel Tyka.

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