EnergyAustralia’s Iona Gas Storage Facility has recently been sold to a major QLD investment company.
QIC Limited has announced that Iona Operations Pty Ltd, which is ultimately owned by existing clients of QIC Limited, is the successful bidder for the Iona Gas Storage Facility from EnergyAustralia.
EnergyAustralia commenced a sale process for the Iona Gas Storage Facility in June 2015.