MAINTENANCE & SHUTDOWN

South Australia to pay $20M to keep gas flowing at Torrens 

AGL ENERGY's shareholders won't take a hit from its early closure of the Torrens B power plant in South Australia but the state's taxpayers will. 

Torrens Island

Torrens Island

The South Australian government will pay the energy retailer $19.5 million to keep the 800 megawatt gas-fired plant running to 2026.   AGL today told the Australian Securities Exchange it would shut...

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