State-owned power company sued for $1 billion over troubled coal-fired power station
Czech-based Sev.en Global Investments sued state-owned CS Energy for over $1 billion on Friday, alleging mismanagement of the Callide C Power Station in Queensland. The lawsuit claims CS Energy's negligence led to plant shutdowns, resulting in losses exceeding $290 million and loss of revenue due to outages. CS Energy plans to defend the allegations in court.
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Published 22 Jun 2026, 06:01 UTC · Updated 22 Jun 2026, 06:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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