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Article: Revealed: generator's $400m loss.
- Article from:
- Australasian Business Intelligence
- Article date:
- November 2, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Brian Robins
Nov 02, 2009 (The Sydney Morning Herald - ABIX via COMTEX) -- New South Wales Government-owned Macquarie Generation booked a loss of $A427m in the 2008-09 financial year. The loss has been primarily attributed to the impact of a decline in the aluminium price on its electricity supply contracts. The state's power generation companies have supply ...