, , , , , ,

APA acquires $99m in debt for Basslink 

Basslink
APA Group has announced it has acquired the debt of Nexus Australia Management, the borrowing entity for Basslink. The company has acquired the face value of approximately $99 million in debt, provided at a discount. Basslink owns and operates the 370 km high voltage direct current electricity interconnector between Victoria and Tasmania. As the only electricity interconnector between …
This post is only available to subscribers.
Previous ArticleNext Article