Independent Power and Renewable Electricity Producers
Company Overview of AGL Macquarie P/L
AGL Macquarie P/L produces electricity using coal, gas, and solar for consumers in eastern Australia. AGL Macquarie P/L was formerly known as Macquarie Generation. As a result of the acquisition of Macquarie Generation by AGL Energy Limited, Macquarie Generation's name was changed. The company was founded in 1996 and is based in Lambton, Australia. As of September 2, 2014, AGL Macquarie P/L operates as a subsidiary of AGL Energy Limited.
34 Griffiths Road
Lambton, NSW 2299
Founded in 1996
Key Executives for AGL Macquarie P/L
Chief Executive and Managing Director
Chief Financial Officer and Company Secretary
General Manager of Operations
General Manager of Operations
Compensation as of Fiscal Year 2014.
AGL Macquarie P/L Key Developments
NSW Government Is Still Open To All Options On Macquarie Generation
Mar 6 14
NSW government may consider alternative options for the sale of Macquarie Generation as ERM Power Limited (ASX:EPW) is still interested to buy the assets of Macquarie Generation. Mike Baird, Treasurer of NSW, said, "My desk is open for ideas on the way to deal with the challenge that has come about as a result of this. It doesn't mean there is not a way forward." Rod Sims, Chairman of ACCC said he expected other suitors to emerge. He added, "As to who else will buy MacGen, well I think over time there will be other bidders. The fact that it can't work this time round shouldn't dissuade a later attempt when the market is a bit more conducive to a sale." It is still uncertain whether NSW government will hold the sale of Macquarie.
AGL And ERM Reportedly Plans To Acquire Macquarie As Part Of Privatization
Aug 19 13
AGL Energy Limited (ASX:AGK) and ERM Power Limited (ASX:EPW) have emerged as the leading contenders for Macquarie Generation, the biggest asset in the current $3 billion phase of the NSW power privatization, according to sources. Ratchaburi Electricity Generating Holding Public Company Limited (SET:RATCH), Transfield Services Limited (ASX:TSE) and GDF SUEZ Australian Energy Pty Ltd. are also expected to lodge expressions of interest for Macquarie. The deadline for expressions of interest in Macquarie is 10 am on August 19, 2013.
Government Puts Up For Sale Liddell And Bayswater Power Stations Of Macquarie Generation
Jul 30 13
The government of NSW has put up for sale Liddell and Bayswater power stations of Macquarie Generation. Mike Baird, Treasurer of NSW, called for expressions of interest for Macquarie Generation's two big power stations: Liddell and Bayswater. Mike said, "Being located in the Hunter Valley, (it is) well placed to meet its long-term fuel supply needs." Two of the development sites of Macquarie Generation will also be offered for sale, including a site adjacent to the Bayswater power station with planning approval for a coal or gas fired generator. Baird said that the sell-off was part of the government's strategy to raise money for critical infrastructure projects.
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