Ashurst advises Energy Australia on A$205m purchase of Ecogen
Ashurst has advised EnergyAustralia Investments Pty Ltd (EnergyAustralia), member of the EnergyAustralia group, on its A$205million purchase of all the issued shares in Ecogen Energy Pty Ltd (Ecogen).
Ecogen owns two gas power stations in Victoria, the Newport Power Station in Melbourne and the Jeeralang Power Station in the Latrobe Valley, which have a combined capacity of 950MW. This represents approximately 9% of Victoria's total generation capacity.