Scoop has an Ethical Paywall
Contact Ceases Negotiations With Nrg
Contact Ceases Negotiations With Nrg To Acquire
Generation Assets
Contact Energy’s Chief Executive Steve Barrett today confirmed that NRG has declined Contact’s offers to acquire any of its Australian electricity generation assets.
“In July, we announced that Contact was interested in buying some of the Australian assets being offered for sale by the Minneapolis based NRG Energy, Inc. Regrettably, we have not been able to conclude any sales agreements with NRG at prices which meet our investment criteria. Accordingly, our discussions with NRG are now at an end.”
Mr Barrett noted that “while we are disappointed that this venture has not come to fruition, Contact will continue to look for growth opportunities in Australia that add value for the company’s shareholders.”
University of Auckland: Protecting Young Minds With AI
Greenpeace: Greenpeace Calls On Fonterra Investors To Consider Big Picture With Giant Puzzle
Hugh Grant: How New Tech Helps Kids Love Soccer More
Bill Bennett: Download Weekly - 100% claim lands One New Zealand in criminal court action
FSCL: Woman Scammed Out Of $25,000 After Job Offer On LinkedIn
NIWA: Cheers To Crustaceans - New Species Named After Welly Brewery
