CS Energy Limited - Callide C

Summary

CS Energy Limited (CS Energy), through its wholly owned subsidiary Callide Energy Pty Limited (Callide Energy), proposes to acquire IG Power (Callide) Ltd (Administrators Appointed)’s (IG Callide) 50% interest in the Callide C power station, which would increase its ownership interest in the Callide C power station to 100%.

CS Energy is a Queensland Government owned energy company that generates and supplies electricity to the National Electricity Market. CS Energy is also a retailer of energy to commercial and industrial businesses, including the Queensland Government, mines and ports. It has a 50/50 joint venture with Alinta Energy, which supplies electricity to residential and commercial customers in South-East Queensland.

CS Energy also provides a range of ancillary services to help maintain system security and reliable electricity supply in the National Electricity Market.

Callide C is one of two coal fired power stations at the Callide Power Station, located in Central Queensland. Callide C is owned in a 50/50 joint venture between IG Callide and Callide Energy. Callide C has a registered capacity of 840MW and is comprised of two generating units (“C3” and “C4”). Callide B is the other coal fired power station at the Callide Power Station. It is 100% owned by CS Energy and has a capacity of 700MW.

Market inquiries

Submissions are invited from interested parties regarding CS Energy’s proposed acquisition of Callide C by 5pm AEDT on 27 March 2024.

Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title: “Submission re: CS Energy / Callide C - attention Debbie Ravalli / Lynette Lymbers.”

Following 27 March 2024, queries regarding the ACCC's review may be addressed to Debbie Ravalli / Lynette Lymbers at mergers@accc.gov.au.

For more details, please refer to the Market Inquiries Letter published below.