APA Group proposes to acquire Basslink electricity interconnector

APA Group proposes to acquire Basslink electricity interconnector

Australian energy infrastructure company APA Group has confirmed entering into documentation to potentially acquire Basslink that owns and operates the Basslink electricity interconnector between Victoria and Tasmania. Under the proposal, Basslink will be acquired for AUD 773 million ($486.2 million). Regarding the ongoing operations of the 370km high voltage direct current Basslink electricity interconnector, APA […]