Acquirer(s)
- AGL Energy Limited
Target(s)
- TRUenergy Pty Ltd
Summary
AGL Energy and TRUenergy proposed to enter into an agreement whereby TRUenergy would transfer its gas fired 1280MW Torrens Island electricity generation facility, and associated gas supply contracts and facilities, to AGL, and AGL would transfer its 180MW gas fired electricity generator at Hallet to TRUenergy.Market definition
See detailed Public Competition Assessment below.Competition analysis
See detailed Public Competition Assessment below.Public competition assessment
| Document title | Date | |
|---|---|---|
| Public Competition Assessments |
Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced. |
|
Closing date for submissions from interested parties. |
|
Indicative timeline extended by 1 week. |
|
ACCC announced it would not oppose the proposed transaction. |