DATA

AGL posts loss as battery gains fail to offset higher fuel costs

Statutory loss follows rising gas and coal prices, as renewables pipeline grows

A tale of two retail energy giants. Pictured left AGL CEO Damien Nicks and right Origin boss Frank Calabria.

A tale of two retail energy giants. Pictured left AGL CEO Damien Nicks and right Origin boss Frank Calabria. | Credits: ENB

Australia's largest energy generator and carbon emitter, AGL, has swung to a statutory loss of 14.6¢ a share, with underlying earnings for the year down 21% to 95.1¢ and dividends cut to 48¢.   Returns...

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