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Newcastle Herald
Newcastle Herald
National
Matt Carr

Eraring, Kooragang hydrogen embroiled in Origin takeover bid

Eraring power plant. The 2025 potential retirement date revealed in February is in doubt amid a takeover bid for its owner, Origin Energy, that emerged on Thursday.

A leading alternative asset manager has lobbed an $18.4 billion tentative takeover offer for Eraring power station's owner, mooting a deal that could have major ramifications for the Hunter's energy landscape.

Brookfield Asset Management and an LNG company have floated $9 a share for Origin Energy, a 54.9 per cent premium on Wednesday's closing price of $5.81.

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