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AAP
AAP
Business
Marion Rae

Transition 'well under way' as AGL rejects nuclear push

AGL AGL Energy Australia Damien Nicks Electricity
Acquisitions by energy giant AGL will add solar power and battery storage across all states. (Matt Turner/AAP PHOTOS)

AGL Energy has staked millions more on the clean energy transition as higher power prices and fewer outages generate stellar profit growth and spare cash.

Australia's biggest emitter announced on Wednesday the $250 million acquisition of Firm Power and Terrain Solar, adding solar power and battery storage across all states.

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