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Synergy is the biggest power producer in WA. Photo: Gabriel Oliveira

Synergy hit by $657m loss

Power utility Synergy has taken a $446 million impairment and reported a loss of $656.9 million in the year to June, which the state government-owned business said was driven by higher fixed costs as revenue fell.

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Total revenue

1st-Gold Corporation$18.07bn
2nd-Synergy$3.03bn
3rd-Water Corporation$2.61bn
4th-GESB$2.14bn
5th-Western Power$1.72bn
29 state government businesses ranked by total revenue - this year

Number of Employees

State Government Businesses

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