POWER

AGL turns down Alinta's $250M offer for Liddell

AGL has knocked back a $250 million offer to buy the Liddell coal-fired power station in New South Wales Hunter Valley by Alinta which would have prolonged the life of the power station beyond 2022.

The Liddell power station in NSW.

The Liddell power station in NSW.

The move prompted a rebuke by federal Energy Minister Josh Frydenberg, who is seeking to ensure there is power generating capacity in the grid by prolonging the existing fleet of coal fired power plants....

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