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AGL sells 50% stake in Diamantina

Cathlin Thurbon
Cathlin Thurbon
29 March 2016

AGL has sold its 50 percent equity interest in the Diamantina Power Station joint venture (DPS) to APA Group, its joint venture partner. The sale price of $151 million represents a small premium to the book value of the investment and contributes to AGL’s target to sell $1 billion of non-core assets by the end of FY2017.

Read more in the media release.