GREEN DEALS: AGL apprehension

AGL struggles to get ACCC approval, Pacific Hydro further outlines its retail plans, FRV commits to Australia and the Australian wind sector gets a massive shot in the arm.

AGL Energy’s purchase of the Loy Yang A power station and adjacent coal mine is looking shakier by the day, with the Australian Competition and Consumer Commission again forcing back its decision date after requesting more information from “merger parties”. The deal was announced on February 24, with an initial decision date of April 19 pushed back until May 17. This latest timeline – announced yesterday afternoon – will see a decision on May 24.

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