RATCH-Australia Corporation (RAC) is an Australian electricity generation company. It is a subsidiary of
RATCH Group (formerly known as Ratchaburi Electricity Generating Holding Company), a public company listed on the
Stock Exchange of Thailand. RATCH-Australia owns both
renewable energy and
fossil fuel power stations in Australia.
History
In 2007,
Transfield Services spun-off its infrastructure assets into the Transfield Services Infrastructure Fund. In November 2007, it acquired five further power generation assets from
Stanwell Corporation and
Tarong Energy.
RATCH-Australia was established in July 2011 when its parent company bought an 80% stake in Transfield Services Infrastructure Fund via a
scheme of arrangement
A scheme of arrangement (or a "scheme of reconstruction") is a court-approved agreement between a company and its shareholders or creditors (e.g. lenders or debenture holders). It may affect mergers and amalgamations and may alter shareholder or ...
.
Power stations owned by RATCH-Australia are:
References
{{reflist
Electric power companies of Australia
2011 establishments in Australia