Alinta launches official bid for AGL's Liddell coal power station

Hong Kong's Alinta makes non-binding offer it has previously said would be about $1bn o Sign up to receive the top stories every morningThe Hong Kong owned energy retailer Alinta Energy has made good on a much-telegraphed offer for AGL Energy's ageing Liddell coal plant after achieving board sign-off at the weekend.While the company has not disclosed the value of the offer, Alinta management has said publicly it would be in the order of $1bn. Continue reading...