Amid rush to exit coal, AGL’s challenges are only just beginning
by Peter Hannam from on (#646BM)
Energy giant says it will need to find $20bn to meets its goal of adding 12 gigawatts of new wind and solar plants and storage by 2036
- Get our free news app, morning email briefing or daily news podcast
Patricia McKenzie, AGL Energy's new chair, breezily declared on Thursday we're in a very changed world now", and she wasn't wrong.
Her 185-year-old company had just announced what might be its last chance at a strategy that services its 4.2m gas and power customers while addressing mounting pressure from shareholders that AGL has a plausible date to exit coal.
Sign up to receive an email with the top stories from Guardian Australia every morning
Continue reading...