AGL Energy (ASX:AGK) is the largest Australian gas and electricity retailer, with over six million customers. It has large investments in the supply of gas and electricity, and has recently invested in sustainable energy businesses such as wind farms and a hydroelectric power station in Victoria’s High Country. Listed on the Australian Securities Exchange (ASX code: AGK), AGL is an S&P;/ASX 50 company with a market capitalisation of about A$4.8 b...
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AGL Energy (ASX:AGK) is the largest Australian gas and electricity retailer, with over six million customers. It has large investments in the supply of gas and electricity, and has recently invested in sustainable energy businesses such as wind farms and a hydroelectric power station in Victoria’s High Country. Listed on the Australian Securities Exchange (ASX code: AGK), AGL is an S&P;/ASX 50 company with a market capitalisation of about A$4.8 billion.
AGL has told the Australian Securities Exchange that its Four Corners strategy is its blueprint for future growth. AGL seeks to take cornerstone positions in four areas – upstream electricity and gas supply, and the downstream retail of electricity and gas.
AGL’s 1700MW electricity generation portfolio includes:
Projects under way include:
AGL’s wholesale gas portfolio includes more than 4000 petajoules of equity and contracted gas reserves, with long-term contracts sourced from the Cooper, Surat and Gippsland basins. Other investments...
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