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A class action on behalf of thousands of victims of the December 2019 Cudlee Creek bushfire has reached a confidential settlement with two individuals, while claims worth $200 million against SA Power Networks have proceeded to trial.
Construction PRO
The Australian Renewable Energy Agency will invest $45 million into Fortescue's first-of-its-kind solar innovation hub in Western Australia's Pilbara region.
Construction PRO
AGL has agreed to sell the lion's share of its equity stake in Tilt Renewables to the Queensland Investment Corporation and Australia's sovereign wealth fund for $750 million.
Mobil Oil has agreed to pay a $16 million penalty after admitting it ran false ads in far North Queensland claiming it was selling a specific brand of fuel with certain benefits, when in fact it was suppling ordinary fuel.
Construction PRO
Acciona is facing what it says is a "hopelessly flawed" suit by its construction partner on the troubled East Rockingham waste-to-energy plant over patented equipment used to facilitate waste combustion.
Acciona is mulling a bid to summarily dismiss a "hopelessly flawed" patent suit by its construction partner on the troubled East Rockingham waste-to-energy plant project, saying it is doomed in light of a High Court decision holding a patentee’s rights are exhausted at the time of sale.
Construction PRO
The government has granted speedy approval to a solar farm and BESS on cleared land near Toowoomba in Queensland.
In its case accusing Australian Gas Networks of greenwashing with ads promising gas was “becoming renewable”, the consumer regulator is pushing the company to identify who it says had reasonable grounds for the statements.
Construction PRO
Blackrock-owned battery developer Akaysha Energy's planned 311 MW battery energy storage system on the Midland Highway in Victoria is ready to get off the ground, after Allens helped the project secure $460 million in financing.
Construction PRO
Several Apache Corporation units have failed to block Santos from withdrawing admissions in a long-running fight over $83 million in tax credits related to Apache's $2.1 billion sale of certain assets, with a judge finding Apache’s prejudice arguments were “significantly overstated”.