Debt deadline nearing for Bluewaters owner Sumitomo

One of the major owners of the newest, coal fired Bluewaters Power Station, Sumitomo, is understood to have hired restructuring firm Houlihan Lokey as a debt repayment deadline approaches for the asset, which owes $400M as financiers shy away from fossil fuel power.
— Read on www.theaustralian.com.au/business/dataroom/debt-deadline-nearing-for-bluewaters-owner-sumitomo/news-story/c3ff90d5ee04e6bf8ebbf425f8a25a22

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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