APA Group May Bid For Alinta Energy's Power Assets, Financial Review Says
APA Group is considering bidding for some of Alinta Energy Ltd.’s assets, the Australian Financial Review reported, citing an interview with APA Managing Director Mick McCormack. APA may look at Alinta’s gas transmission, distribution and gas-fired power generation assets, the newspaper cited McCormack as saying. The company may also be interested in increasing its stake in Envestra Ltd., McCormack said, according to the Review.
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