AustralianSuper’s price expectations are rooted in expensive, energy transition-style deals, not cheaper and older transactions. That is why it is asking for more.
The competition watchdog may be wary. Investors are sceptical. But can the $18.7 billion buyout jump-start the end of coal generation? Brookfield says yes.
Is Origin Energy being sold on the cheap? Increasingly, it seems so afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Brookfield showed the way, and now the local investment giant has followed. Both show there is value in owning an electricity provider with a big customer base.