Yesterday
The $13.6 trillion question: how do we pay for the green transition?
The private sector will have to provide about 70 per cent of climate finance globally, and the heat is building on governments to deliver policies that do that.
- Attracta Mooney
This Month
Federal government backs gas imports to southern states
The extra gas will need to be delivered from the northern states from a retooled national gas network or LNG import terminals.
- Elouise Fowler
- Opinion
- Gas
Why Albanese is going all in on gas
The Labor government has infuriated climate activists by insisting that gas will play a crucial role in the energy transition for many decades to come. Big producers like Woodside will wait to see what that means.
- Jennifer Hewett
Green energy firm Hysata raises $172m from big name investors
Hysata says its system is one of the most efficient solutions in the world to produce hydrogen from water.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Blackstone’s Jon Gray reveals ‘defining theme for the next decade’
The Wall Street titan says three megatrends that have driven Blackstone to $1.9 trillion in assets under management are now combining in a unique way.
- James Thomson
Origin reaps $420m Octopus gain as Aware Super climbs on board
The UK energy disruptor has upped its valuation by 15pc, in a transaction that brought in Aware and raised the value of Origin’s stake beyond $2 billion.
- Hans van Leeuwen
Europe’s No.1 renewable energy producer shops 1.7GW Aussie pipeline
The portfolio was previously owned by Span’s Elecnor Group, which Statkraft acquired at a €1.8 billion enterprise valuation in November.
- Sarah Thompson, Kanika Sood and Emma Rapaport
CDPQ, IFM, AusSuper eye $1.6b Neoen stake, but GPG debacle looms large
The French renewables group is working with Bank of America to sell a 30 per cent stake in its large local portfolio of assets to accelerate expansion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Forrest accuses US of sacrificing green dream to fossil fuel lobby
Fortescue founder Andrew Forrest unleashed on the US government over a threat to tax credits that underpin an $836 million green hydrogen project in Arizona.
- Brad Thompson
Second-largest super fund blacklists thermal coal investments
Superannuation giant Australian Retirement Trust will stop investing in most thermal coal companies from July as part of a plan to hit net zero emissions across its portfolio by 2050.
- Lewis Jackson
Karoon chairman in activists’ firing line over pay
Sandon wrote to chairman Peter Botten on Wednesday arguing that Karoon’s incentive structure had insufficient regard for shareholder value.
- Jonathan Shapiro
Why AGL’s staff are happier after a major plant closure
AGL will use the Liddell decommissioning as a blueprint for plant shutdowns, after it managed to move 100 per cent of workers into new roles.
- Agnes King
April
Activists Samuel Terry, Sandon lawyer up for Karoon Energy fight
The pair have added Allens and Mont Lawyers to their legal teams as they look to talk on the Karoon Energy board.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Origin’s LNG revenue drops 8pc in March quarter
Lower global prices for oil and gas dragged down LNG revenue at the energy giant to $2.6 billion.
- Updated
- Elouise Fowler
Activist funds to push Karoon Energy on dividends
Samuel Terry and Sandon Capital will target the oil and gas producer’s board before May’s annual general meeting and push for more dividend payments.
- Jonathan Shapiro
ASIC sues Magnis Energy over ‘parlous’ battery factory
The regulator is suing Magnis Energy and chairman Frank Poullas in Federal Court for misleading investors over the “parlous state” of its battery factory.
- Ronald Mizen
- Opinion
- Energy transition
Woodside and the new climate activists
Energy companies work in a twilight industry where demand still endures. They don’t know the answers to the questions investor activists are asking.
- Matthew Warren
Woodside looks inward after climate gambit defeated
The oil and gas producer felt the force of big super and green investors when it took a transition plan to shareholders. Now it has no choice but to do better on emissions.
- Anthony Macdonald
Woodside to pay $18b for hydrocarbon projects despite climate rebuke
This massive outlay comes as investor opposition to the oil and gas giant’s climate plan has grown over the past two years.
- Elouise Fowler
Macquarie-backed renewables developer shops NSW solar farm
Up for grabs is a 143-megawatt peak ready-to-build solar and energy storage project in the Riverina region.
- Sarah Thompson, Kanika Sood and Emma Rapaport