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TRUenergy
EnergyAustralia (formerly TRUenergy) is an electricity generation, electricity and gas retailing private company in Australia, a wholly owned subsidiary of the Hong Kong-based and listed China Light and Power (CLP Group). EnergyAustralia also had a portfolio of generating sites using thermal coal, natural gas, hydro-electric, solar energy, and wind power. The company was founded in 1995 and its headquarters are located in Melbourne, Victoria. History In 2005, TXU Corp sold all its Australian assets to Singapore Power, which retained the distribution businesses (electricity and natural gas distribution networks) in Victoria, and onsold the retail and generation businesses to the Hong Kong-based CLP Group, which also owned the Yallourn Power Station, in Victoria's Latrobe Valley. In Australia, CLP traded as TRUenergy, and became the fifth largest energy retailer in Australia. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yallourn Power Station
The Yallourn Power Station, now owned by EnergyAustralia a wholly owned subsidiary of the Hong-Kong-based CLP Group, is located in the Latrobe Valley of Victoria (Australia), Victoria, Australia, beside the Latrobe River, with the company town of Yallourn, Victoria, Yallourn located to the south west. Yallourn PS was a complex of six brown coalfired thermal power stations built progressively from the 1920s to the 1960s; all except one have now been decommissioned. Today, only the Yallourn W plant remains. It is the second largest power station in Victoria, supplying 22% of Victoria's electricity and 8% of the AEMO, National Electricity Market. The adjacent open cut brown coal mine is the largest Surface mining, open cut coal mine in Australia, with reserves sufficient to meet the projected needs of the power station to 2028. On 10 March 2021, EnergyAustralia announced that it will close the Yallourn Power Station in mid-2028, four years ahead of schedule, and instead build a 350 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delta Electricity
Delta Electricity is an electricity generation company in Australia. The company was formed by the Government of New South Wales in 1996 as part of its reform of the electricity sector in the State, which saw the breakup of the Electricity Commission of New South Wales. Delta Electricity, which at the time owned only the Vales Point Power Station, was sold to Sunset Power International for $1 million in November 2015 and was valued at $730 million 2 years later. It has a portfolio of generating sites mainly using thermal coal power. Generation portfolio Delta Electricity, as a State-owned corporation has owned and operated the following power stations to generate electricity for sale under contract. Since December 2015, Delta Electricity only operates the Vales Point Power Station. History Delta Electricity was formed by the Government of New South Wales in 1996 as part of its reform of the electricity sector in the State, which saw the breakup of the Electricity Commission ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CLP Group
CLP Group () and its holding company, CLP Holdings Ltd (), also known as China Light and Power Company, Limited (now CLP Power Hong Kong Ltd., ), is an electricity company in Hong Kong. Incorporated in 1901 as China Light & Power Company Syndicate, its core business remains the generation, transmission, and retailing of electricity.Our operations: Assets and services CLP official website It also has businesses in a number of Asian markets as well as in . It is one of the two main electricity power generation companies in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Future Holdings
Energy Future Holdings Corporation is an electric utility company headquartered in Energy Plaza in Downtown Dallas, Texas, United States. The majority of the company's power generation is through coal and nuclear power plants. From 1998 to 2007, the company was known as TXU Corporation until its $45 billion leveraged buyout by Kohlberg Kravis Roberts, TPG Capital and Goldman Sachs Capital Partners. That purchase was the largest leveraged buyout in history. As of 2019, TXU Energy is a subsidiary of publicly traded Vistra Energy. , the company has been described as "struggling" which resulted in the April 29, 2014 filing for bankruptcy protection under Title 11 of the United States Bankruptcy Code. On July 7, 2017, the company announced its Oncor transmission business would be acquired by Berkshire Hathaway for $9 billion but Sempra Energy's higher $9.45 billion bid was eventually accepted instead on August 21, 2017. History The company traces its history to the beginnings of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wallerawang Power Station
Wallerawang Power Station was a thermal coal power station, located near Wallerawang, in the Central Tablelands region of New South Wales, Australia. The power station was equipped with two turbo-alternators of each, supplied by CA Parsons and Company of Newcastle-upon-Tyne, England. Production commenced in May 1957. In July 2013, EnergyAustralia acquired Wallerawang Power Station, along with Mount Piper Power Station, from Delta Electricity for $160 million. Due to dwindling demand, the first of the two generating units had been mothballed in January 2013, and the second in April 2014. In November 2014, EnergyAustralia announced that it would permanently close Wallerawang due to ongoing reduced energy demand, lack of access to competitively priced coal and the power station's high operating costs. EnergyAustralia began the process of removing useful equipment from the station in 2015. The plant was finally demolished in 2021 using controlled demolition. Features and capac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mount Piper Power Station
Mount Piper Power Station is a coal powered power station with two steam turbines with a combined generating capacity of 1,400 MW of electricity. It is located near Portland, in the Central West of New South Wales, Australia and owned by EnergyAustralia, a subsidiary of CLP Group. On 23 September 2021, it was announced that the closure of the power station is being brought forward from 2042 to 2040 at the latest. The power station employs 250 workers. Construction The first generator (Unit 2) was completed in 1992, and the second (Unit 1) in 1993. Units 3 and 4, although planned, were not built. It was the last power station built by the Electricity Commission of New South Wales (a body since abolished). Much of the design work done was undertaken in-house by the commission. In 2009 Delta Electricity (the government owned enterprise that previously owned and managed the power station as a commercial entity) unofficially re-rated the units at Mount Piper from their original 660M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecogen Energy
Ecogen Energy is a power station operator in Victoria, Australia. It operates two peaking power plants: the natural gas fired Newport Power Station and Jeeralang Power Station. Until 1999 Ecogen Energy was a trading name of Generation Victoria, and was the operator of gas powered power stations. The company was sold by the State Government of Victoria in March 1999 to AES Corporation subsidiary AES Transpower for $361 million, $350 million going in debt reduction and the state receiving $11 million. AES Transpower sold Ecogen Energy in December 2002 to Babcock & Brown and their investment offshoot Prime Infrastructure for $81 million. A 73% stake was sold to Babcock & Brown Power in 2006 for $59 million. Babcock & Brown Power sold its 73% interest to co-shareholder Industry Funds Management in 2008 for $87 million, which held the remainder of the shares. In 2018, Ecogen was sold by IFM Investors to EnergyAustralia EnergyAustralia (formerly TRUenergy) is an electricity gener ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EnergyAustralia (state Government Enterprise)
EnergyAustralia was a state–owned enterprise of the Government of New South Wales, Australia. It was electricity and gas supplier and retailer which primarily supplied the Sydney, Newcastle and Central Coast areas of New South Wales. Since market deregulation, it increased its focus on retail supply opportunities in electricity and gas to the Victorian market and electricity in the deregulated south–east corner of Queensland. History EnergyAustralia has origins over 100 years old, and was formed after a merger in 1996 between Orion Energy (formerly Shortland Electricity and Shortland County Council) and Sydney Electricity (formerly Sydney County Council, Mackellar County Council and St George County Council). In 2011, EnergyAustralia's retail business and company name was sold to TRUEnergy. In 2012, TRUEnergy adapted the name EnergyAustralia. The distribution business remained a state government enterprise and was renamed Ausgrid. Energy Australia has been a who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Newport Power Station
The Newport Power Station was a complex of power stations located on the west bank of the Yarra River, approximately 6 km south-west of Melbourne, Victoria (Australia), Victoria, Australia, in the suburb of Newport, Victoria, Newport. Newport A, B, and C were coal-fired plants which operated at the site between 1919 and the 1980s, and were claimed to be (in terms of the amount of plant) the largest power station in the southern hemisphere in 1953 with 42 boilers and 14 turbo-alternators producing . Newport D is a gas-fired peaking power plant which has operated since 1981. It uses natural gas to generate steam in a boiler which supplies a three-stage steam turbine coupled to a generator to produce up to of electricity. The plant has a single smokestack 183 m /600 ft in height which towers over the local vicinity. The power station is owned by Ecogen Energy. The output from Ecogen's Newport and Jeeralang power stations is currently contracted to EnergyAustralia, the country ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
