$1.5b write-down in value of assets at Origin Energy
On Thursday 30th July 2021 Origin Energy announced a large impairment on several different types of assets - its own generation portfolio, renewable PPAs, and gas purchase contracts....
impairment
AGL Energy announces $2.6b impairment … of which $1.9b for legacy wind farm off-take agreements
Today AGL Energy announces a big impairment ... with a big chunk related to long-term wind offtake agreements which AGL entered into between 2006 and 2012.