electricity retailer

Growth ’burbs lead solar pack

Mark Pownall
18-Jan-2012
PERTH'S residential growth corridors have experienced the biggest uptake of solar panels in the state, with suburbs at the fringe of the metropolitan area proving to be the biggest buyers under government incentive schemes.

Pacific results bolstered by KPS capacity growth

Emily Morgan
17-Aug-2011
With expanding contracts for regional power supply through its subsidiary Kalgoorlie Power Systems, Pacific Energy achieved record earnings for the 2010-11 financial year.

Today's Business Headlines

Dan Wilkie
22-Sep-2010
Gillard faces first test on unions - The Fin; WA hits back in battle over carve-up of GST - The Aus; Verve gets lifeline on Synergy deal - The West; $3b rescue spares Alinta but cements heavy losses - The West; Late-night trading approved - The West

Collier announces Verve revamp

Staff Reporters
21-Sep-2010
The state government has released details of its plan to overhaul the state's loss-making electricity generator Verve Energy, announcing changes to the vesting contract between Verve and electricity retailer Synergy.

Industry concerns over Verve fix

John Phaceas
17-Sep-2009
FIXING state generator Verve Energy must not be done at the expense of electricity retailer Synergy's ability to underwrite new third party generation, the state government has been warned.

Synergy credit ratings lowered

Edited announcement
02-Jul-2009
Standard & Poor's Ratings Services has lowered its corporate credit ratings on electricity retailer Synergy following adoption of a new rating methodology.

Newmont, TransAlta at odds over power

Mark Beyer
11-Jun-2009
INTERNATIONAL gold mining company Newmont is set to become an electricity retailer in Western Australia in its own right, despite objections by one of its joint venture partners, TransAlta Energy.

Construction starts on WA power station

Rebecca Lawson
10-Dec-2008
Construction of a new $420 million NewGen Neerabup gas-fired power station has begun, with the 330 megawatt plant to provide additional capacity to the South West Interconnected System starting from next summer.

More choice means greater efficiency

Janelle Macri
26-Nov-2008
THE state's largest electricity retailer is strongly advocating the introduction of advanced metering, in-home displays and critical peak pricing so customers are provided with immediate price signals to modify their behaviour and energy use habits.

Perth Energy strikes $30m pa Verve deal

Edited announcement
22-May-2008
Power minnow Perth Energy has announced a deal to purchase $30 million of energy a year from state generator Verve Energy to supply customers at the lower end of the contestable range over the next five years.

Synergy refurb ticks green boxes

Emily Piesse
19-Mar-2008
It may be some time before a green-star building rating is mandatory for developers, but a number of businesses are getting ahead of the game and refurbishing their offices using green design principles.

Synergy the bright spark in energy

Janelle Macri
23-Oct-2007
Electricity retailer Synergy has emerged as the only one of the four disaggregated electricity corporations to exceed budget forecasts, reporting earnings before interest and tax of $64.9 million for the 2006-07 financial year.

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Corporate Finance

Corporate Finance

ECM driven by Business News' corporate finance database includes private equity relationships

Lennon tips $8m into Peet
Mark Beyer
Kairiki scraps $12m raising
Mark Beyer
Mergers and Aquisitions

Mergers & Acquisitions

Who are the leading hands in the West Australian M&A marketplace

Wyllie raises $16m on Amcom sale
Mark Beyer
Apex terminates sale of Wiluna Gold...
John Ely

Exporters

LabelValue
Rio Tinto$26.13bn
BHP Billiton Iron Ore$20.48bn
North West Shelf Venture$14.92bn
Gold Corporation$6.82bn
Fortescue Metals Group$6.68bn
Others$22.08bn
FMG
CF 2011
CF Q3 FY12

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