Government-owned operator CS Energy is being sued for $1 billion over the shambolic management of the Callide Power station, following two separate catastrophic explosions.
Foreign investment group Sev.en said a series of catastrophic failures at the Callide power station had led to 1,700 days of lost generation capacity.
14don MSN
Czech group Sev.en GI files suit to reclaim $1 billion in losses at Callide C plant in Australia
PRAGUE, June 22 (Reuters) - Czech group Sev.en Global Investments said on Monday it is seeking to reclaim losses of over $1 billion in a lawsuit against joint venture partner Callide Energy Pty Ltd ...
The Queensland government-owned CS Energy has been sued for $1bn-plus over the Callide C power station by its Czech joint venture partner, after a series of explosions cut power and decimated income ...
An explosion in 2021 and a cooling tower collapse in 2022 meant the Callide C power station was out of action for almost 18 months.
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