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AGL taps market for power purchase

AGL Energy will raise $A900 million after getting the competition watchdog's all clear to buy the Loy Yang A power station.

Marija Stojkovic
AGL taps market for power purchase

The funds will be raised through a fully underwritten one-for-six renounceable entitlement offer priced at $11.60 per share. Proceeds from the entitlement offer will be used to fund the acquisition...

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