The Age, 20 Nov 2008
Energy utility SP AusNet Ltd remains confident it can fund a $2.7 billion capital program despite deteriorating financial markets, and says has no plans to acquire the ex-Alinta assets from its parent.
The electricity and gas distributor on Thursday posted a 22.9 per cent decline in reported net profit to $92.2 million for the first half of fiscal 2009, after making a write-down on meters to be replaced under an infrastructure roll-out program.
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