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APA grows wary of renewables investments – The Australian Financial Review
Gas pipeline owner APA Group has become increasingly cautious about further investments in wind and solar, despite retail shareholder pressure to move further into…
Mr Wheals wouldn’t comment on specific assets but said : “If we’ve got the skills to operate or if we can acquire those skills and if we’ve got the right counter-party and long-term contracts then generally speaking whether it’s LNG infrastructure or any infrastructure then that’s the game we’re in.”
APA has several growth projects within its own portfolio, including a potential $700 million investment to expand capacity to bring gas south from Queensland by up to 50 per cent.
Mr Wheals said that…
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