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ARTICLE · 22 APRIL 2013

Australian Energy Sector Update: April 2013 Edition

Corrs Chambers Westgarth
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A brief summary of information on recently completed deals, rumours and potential opportunities, and regulatory updates.

AustraliaEnergy and Natural Resources
Michael MacGinley
Michael MacGinley
Bruce Adkins
Bruce Adkins
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Introduction

Welcome to the April edition of the Australian Energy Sector Update, a monthly publication prepared by Corrs Chambers Westgarth for clients who are interested in the Australian energy industry.

This publication brings together a brief summary of information on recently completed deals, market rumours and potential opportunities, and relevant regulatory updates.

Recent announcements

On 15 February 2013, Sumitomo announced its purchase of a part interest in the Bluewaters power stations in Western Australia from Griffin Energy Group. The interest will be held by Summit Southern Cross Power Holdings, a wholly owned subsidiary of the Sumitomo Group. Kansai Electric Power acquired the remaining ownership interest. The Japanese consortium will jointly manage the plants, which together have a combined output of 416 MW.

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