AGL Energy flags asset sales to fund cleaner power
AGL Energy, Australia's biggest electricity and gas retailer, plans to sell assets to help reduce debt and fund expansion in ``clean'' power generation and natural-gas production.
AGL Energy sells gas business for $US90m
AGL Energy Ltd, Australia's largest power retailer, has flagged the sale of its Chilean gas distribution business for $US90 million ($A99.44 million).
AGL, Arrow Energy sell NQ gas pipeline
AGL Energy and Arrow Energy have agreed to sell the North Queensland Gas Pipeline to Victorian Funds Management for $205 million.
AGL Energy sells Chilean gas business
AGL Energy has flagged the sale of its Chilean gas distribution business for $A99.44 million to a consortium of Australian superannuation funds.
AGL officially opens $236m SA wind farm
AGL Energy has officially opened its $236 million Hallet wind farm in South Australia, which has the capacity to power about 54,000 homes.
AGL rules out revisiting Origin merger
AGL Energy chief executive Michael Fraser has ruled out revisiting a merger with rival Origin Energy more than a year after scrapping the plan.
AGL annual net profit down by 44.2%
AGL Energy has posted a 44.2 per cent fall in its annual reported profit, but has maintained its guidance for underlying earnings for this year.
AGL reports fall in annual net profit
AGL Energy has posted a 44.2 per cent plunge in annual net profit and says its business is in good shape.
AGL puts $37m into Galilee
QUEENSLAND'S Galilee Basin is shaping up as the next hot area for coal-seam gas exploration, with AGL Energy yesterday agreeing to invest up to $37 million to farm into half of one of the permits in the basin, owned by Galilee Energy.
AGL reaffirms full year profit guidance
AGL Energy, Australia's largest power retailer, has reaffirmed the company is on track to deliver underlying net profit of up to $360 million for fiscal 2008.
AGL upbeat on outlook
AGL Energy posts a 44.2% fall in its annual reported profit, but maintains its guidance for underlying earnings.
Allco shares up after wind assets sale
Shares in Allco Finance Group have jumped almost nine per cent after announcing the sale of its Australian wind farm interests to AGL Energy.
AGL buys Allco's wind assets for $12m
AGL Energy Ltd (AGL) said it has snapped up the Australian wind farm interests of Allco Finance Group Ltd for $12.5 million.
Allco shares soar on wind farm sale
Shares in Allco Finance Group gained almost 9% after the company sold wind farm interests to AGL Energy.
Stocks to watch
Stocks to watch on the Australian stock exchange at noon:
AGL invests $37m in Qld gas exploration
AGL Energy Ltd has invested $37 million in a coal seam gas production pilot and exploration and appraisal program with Galilee Energy in Queensland.
Britain's BG bids $12 bln for Australia's Origin (Reuters)
Reuters - British gas producer BG Group Plc has made a $12.1 billion bid approach to Australian utility and emerging gas player, Origin Energy Ltd , seeking to bolster its position in the Pacific gas market.
AGL raises $550m in debt refinancing
AGL Energy has completed its debt refinancing program, raising $550 million including over-subscriptions of $50 million.
AGL confirms profit forecast
AGL Energy confirms it expects fiscal 2008 net profit in a range of $330-$360 million, in line with a forecast first given last October.
AGL confirms FY08 earnings guidance
AGL Energy Ltd has confirmed its earnings guidance for the 2008 financial year of an underlying net profit of up to $360 million.
AGL sticking to full-year profit goals
AGL Energy, Australia's biggest electricity and gas retailer, said it is ''on track'' to achieve a revised forecast for full-year earnings.
Stocks to watch
Stocks of interest on the Australian stock exchange today.
$2bn AGL asset sale tipped
AGL Energy may sell as much as $2.1 billion of assets to fund the purchase of a NSW state-owned power business, Merrill Lynch says.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
AGL wins rights to build SA wind farm
AGL Energy Ltd says it has acquired rights to build a third wind farm in South Australia.
Stocks to watch
Stocks of interest of the Australian Stock Exchange today.