Wednesday, March 28

Origin equity issue possible

ORIGIN Energy may yet go back to shareholders for more funds once it makes its final investment decision on a second liquefied natural gas train at its Australia Pacific LNG project being built on Curtis Island off Gladstone Harbour.   
Origin managing director Grant King and chief financial officer Karen Moses said raising extra equity remained a possibility.

APLNG will need to put together an extra $6 billion in funding for a second train - or processing plant - at the APLNG project, on top of the $14 billion it has committed to the project's first stage.


Courier Mail

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