Delta denies lodging buy bid for Liddell

Delta Electricity has rejected a suggestion from Deputy Prime Minister Barnaby Joyce that it has lodged a formal bid for the Liddell plant in NSW.

Liddell power station

Delta Electricity has not lodged a bid for the Liddell coal-fired power station in NSW. (AAP)

Delta Electricity has not lodged an expression of interest for the Liddell coal-fired power station.

Deputy Prime Minister Barnaby Joyce told reporters in Canberra on Wednesday the company had "put an expression of interest out today ... in the purchase of Liddell".

But Delta company secretary Steve Gurney told AAP the firm had not lodged an expression of interest.

"Liddell is not for sale - it is not on the market," Mr Gurney said.

He referred AAP to a previous statement in which Delta said it would be prepared to undertake due diligence on Liddell, but had not been approached regarding the acquisition of the AGL-owned power station.

AGL chief Andy Vesey has told the federal government he will take to the board a proposal to keep Liddell open for another five years beyond its 2022 shutdown date, either by retaining ownership or selling it.

Alternatively, AGL would find other generation sources to cover the gap left by Liddell's closure.


Share

1 min read

Published

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world