The Latest Breaking News from Peter Botten

‘Bloodbath’: Scrapped AGL demerger clears way for faster coal closures

Australia’s largest energy retailer AGL sparked a “bloodbath” on Monday after plans to demerge the company to tackle climate change were suddenly scrapped.

The New Daily · May 30, 2022

AGL's biggest shareholder, Mike Cannon-Brookes, leaves open possibility of another takeover bid

AGL's biggest shareholder, billionaire businessman Mike Cannon-Brookes, is not ruling out another takeover bid for the energy giant but says he is focused on rebuilding the company for renewable generation.

ABC News · May 30, 2022

Australia's biggest carbon emitter buckles before Mike Cannon-Brookes – so what now for AGL's other shareholders?

Billionaire Mike Cannon-Brookes has won a major battle against Australia’s biggest energy company, AGL Energy, thwarting its plan to split up the company’s coal-heavy generation and power distribution assets.

The Conversation · May 30, 2022