AGL Energy has announced receipt of a non-binding, highly conditional indicative offer from Alinta Energy.
The company confirmed it received the offer from Chow Tai Fook Enterprises (CTFE) and Alinta Energy (Alinta) on 30 April 2018, to acquire the Liddell Power Station, associated assets and the related site for cash consideration payable to AGL of $250 million.
AGL has not sought to sell the Liddell Power Station, as it requires Liddell to provide energy to its customers until 2022 and for repurposing as part of its NSW Generation Plan post 2022.
