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Infrastructure

Yesterday

AGL’s $750m Liddell battery will be built at the site of its old coal power station in NSW’s Hunter Valley.

AGL lights up Liddell battery, Forrest wind farm seals NSW contract

The latest round of NSW renewables and storage projects coincides with AGL Energy giving the go-ahead to build a $750 million large-scale battery at its Liddell site.

  • Updated
  • Angela Macdonald-Smith

This Month

Artist render of Vast’s proposed concentrated solar project in Port Augusta.

Kahlbetzer-backed solar start-up eyes Nasdaq proceeds for SA projects

Vast Renewables expects to commit to building a concentrated solar project and a separate green methanol project in the state in the second half of 2024.

  • Angela Macdonald-Smith
Macquarie Park Metro station.

NSW transport bosses paid companies $300m for work they did not win

The NSW auditor-general has urged Treasury to rethink how it handles tenders and bidding costs.

  • Samantha Hutchinson
The Collector wind farm is one of only two wind farms approved in the last five years in NSW.

NSW wind farm heads for approval, breaking project drought

A contentious renewables project near a historic gold mine looks set to be the first large wind farm approved in NSW since May 2021.

  • Angela Macdonald-Smith
Protesters gather in November 2022 outside the Federal Court in Melbourne during Santos’ bid to restart drilling for the Barossa gas project.

Santos secures drilling approval for Barossa gas project

The approval will allow Santos to resume drilling at the Barossa field in the Timor Sea, which it had to suspend last year after a successful legal challenge by a Tiwi Islander.

  • Angela Macdonald-Smith
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Energy Australia managing director Mark Collette

‘Too much risk’: Call for strategic coal power reserves

The head of the electricity supplier, Mark Collette, wants serious discussions on a scheme for a coal power reserve to prevent the lights going out on consumers.

  • Angela Macdonald-Smith
Coal power will be gone from the grid by 2038, AEMO said.

Coal power ‘to be gone in 15 years’

All coal power plants will have closed by 2038, the energy market operator said in a forecast that piles on pressure to pick up the pace of the transmission build-out.

  • Angela Macdonald-Smith
Mark Delaney’s restless spirit has helped him grow AustralianSuper to $310 billion in assets under management.

AusSuper’s Delaney ready to re-shape capital markets

AustralianSuper is a pioneer, builder and now a stirrer after blocking the takeover of Origin Energy. Chief investment officer Mark Delaney has seen it all.

  • Anthony Macdonald
Earlier this week AEMO required power generators in NSW and Queensland to provide details of any additional capacity that they could make available.

AEMO may call on emergency power reserves as NSW grid wilts

NSW Energy Minister Penny Sharpe has asked households to dial back on power use if they can to take pressure off the grid as temperatures head towards 40 degrees.

  • Angela Macdonald-Smith
The review of the Infrastructure Investment Program has recommended 82 road and rail projects be cut.

$10b budget ‘savings’ mostly delayed roads and rail spending

Three-quarters of Treasurer Jim Chalmers’ $9.8 billion in budget cuts come from pushing spending on major road and rail projects beyond the four-year forecasts.

  • Ronald Mizen
Victorian Premier Jacinta Allan.

Premier defies ‘knockers and blockers’, signs $3.6b rail loop contract

Victorian Premier Jacinta Allan has signed a $3.6 billion tunnelling contract for the $125 billion Suburban Rail Loop, defying calls to delay or scrap the project.

  • Updated
  • Patrick Durkin
Australia makes steel but has been importing more of the metal in recent years due to a boom in infrastructure and housing projects.

Steel, concrete shortages ‘threaten housing, clean energy projects’

Steel imports have been rising, sparking concerns that infrastructure projects could again become vulnerable to global supply chain glitches.

  • Jenny Wiggins
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Fiscal policy must belatedly step up to inflation fight

Australia’s treasurers could do more to help the Reserve Bank to navigate the narrow path to a soft landing and reduce the need for further interest rate increases.

  • Cherelle Murphy
IFM Investors CEO David Neal.

In Dubai, IFM Investors emerges as a global green player

As the super fund backed firm reinvents itself as a global business with Aussie roots, CEO David Neal jetted to the COP28 summit to rub shoulders with the corporate climate crowd.

  • Hans van Leeuwen
RA Infrastructure was called in to upgrade the Sydney Opera Houses’ Joan Sutherland Theatre in 2016.

Anacacia calls in Allier Capital to shop infra biz

The Sydney-based advisory firm will work in partnership with US-based boutique William Blair to field interest in RA Infrastructure.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Running Science owner Jonathan Fletcher says traffic chaos unleashed by the Rozelle Interchange is hurting retail trading conditions in the area.

‘I’m staring at a car park’: Rozelle chaos delivers hit to retailers

The owner of a popular sports shoe shop says congestion since the opening of the Rozelle Interchange has had an impact on retailers in the busy shopping strip.

  • Samantha Hutchinson
Jikilaruwu traditional owner Simon Munkara is worried Santos’ Barossa pipeline will damage his cultural heritage.

The Crocodile Man stands in the way of Santos’ $5.8b gas dream

Disputed beliefs among Tiwi Islanders about paths taken by Dreamtime figures are central to an environmentalist-backed fight against the Barossa development.

  • Angela Macdonald-Smith
Victorian Premier Jacinta Allan has denied that public servants were frozen out of the early development of the Suburban Rail Loop.

‘Secretive’ $125b rail loop plan is good for productivity: Allan

Victorian Premier Jacinta Allan says there is nothing controversial about Labor’s use of consultants to ‘prove up’ the Suburban Rail Loop.

  • Updated
  • Gus McCubbing
Vivekanand Ramgopal.

Tata Indian boss says he’s ready to take ASX pressure on CHESS

Vivek Ramgopal says Tata will keep the ASX on track as it attempts to rebuild the market’s post-trade system for a second time and responds to criticisms.

  • James Eyers
Plenary Group CEO David Lamming.

Plenary Group seeks new backer; valuation up to $1b

Street Talk understands the public infrastructure developer and fund manager is seeking a new long-term investor to inject capital into its balance sheet.

  • Sarah Thompson, Kanika Sood and Emma Rapaport