Ecogen Energy
From Wikipedia, the free encyclopedia
From Wikipedia, the free encyclopedia
Ecogen Energy is a power station operator in Victoria, Australia, managing two peaking power plants: the natural gas fired Newport Power Station and Jeeralang Power Station.
Initially, Ecogen Energy was a trading name of Generation Victoria and operated gas powered power stations until 1999.[1] In March 1999, the State Government of Victoria sold the company to AES Corporation subsidiary AES Transpower for $361 million, $350 million allocated for debt reduction and $11 million received by the state.
In December 2002, AES Transpower sold Ecogen Energy to Babcock & Brown and their investment offshoot Prime Infrastructure for $81 million. A 73% stake was sold to Babcock & Brown Power in 2006 for $59 million.[2] Babcock & Brown Power sold its 73% interest to co-shareholder Industry Funds Management in 2008 for $87 million,[3] which held the remainder of the shares.[4]
In 2018,
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