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Parent Of Retail Supplier EnergyAustralia Takes $900 Million Write-Down Due To Price Cap

June 21,2019



CLP Group, parent of large retail supplier EnergyAustralia, expects to report a write-down of goodwill of $760 million to $900 million (USD) due to default market price caps imposed on the Australian retail energy market

See CLP's announcements and the stories below for more:

CLP announcement

Australian Financial Review

Reuters

Tags:
CLP Group   EnergyAustralia   Australia   Price Caps  

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