Delta Electricity sells Hunter region station to Sev.en Global Investments which one critic labels ‘worst of all outcomes’
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New South Wales taxpayers will feel “rightly dudded” by the sale of an ageing coal-fired power station that likely netted the private owners hundreds of millions of dollars in profit, critics including the state opposition have said.
Delta Electricity said it sold the 1,320-megawatt Vales Point power station in the NSW Hunter region to Sev.en Global Investments, owned by Czech billionaire Pavel Tykač.
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