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26 May 2021
Snowy Hydro CEO Paul Broad had dismissed suggestions of an improper conflict of interest between himself and controversial property developer Jeff McCloy, who is set to cash in on a deal to sell land to Snowy Hydro that will host a new gas fired generator in the Hunter Region.
During Senate Estimates on Tuesday, representatives of Snowy Hydro, and government officials, received a barrage of questions about the feasibility of a $600 million plan to build a new gas fired peaking generator in the Hunter Region. The proposal has been widely criticised by senior energy market players, who have suggested the proposal does not stack up or is unnecessary.