Business
Basslink collapses after APA pulls out of purchase – The Australian Financial Review
The debt-ridden power cable venture – which supplies critical electricity to Tasmania – has gone into receivership just hours…
APA had emerged as a potential white knight for Basslink, which has an overdue $643.8 million loan from a syndicate of banks through a related entity, Premier Finance Trust Australia. It later went shy on the process as it turned its focus to AusNet Services,…
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