Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 19 : 24-Nov-17

Alinta has outlaid around $A1.2 billion to acquire Victoria’s Loy Yang B power station from Engie and Mitsui & Co. Loy Yang B generates around 17 per cent of Victoria’s electricity needs, and has a capacity of around 1,000 megawatts. Alinta MD Jeff Dimery said buying Loy Yang B makes it easier for it to compete with "the big guys". Larger rivals AGL Energy, Origin Energy and EnergyAustralia all have coal-fired power stations.

CORPORATES
ALINTA ENERGY (AUSTRALIA) PTY LTD, ENGIE SA, MITSUI AND COMPANY LIMITED, AGL ENERGY LIMITED – ASX AGL, ORIGIN ENERGY LIMITED – ASX ORG, ENERGYAUSTRALIA PTY LTD, DELTA ELECTRICITY AUSTRALIA PTY LTD, CHINA RESOURCES (HOLDINGS) LIMITED, APOLLO GLOBAL MANAGEMENT LLC, AUSTRALIAN GREENS, GRATTAN INSTITUTE