Stanwell Corporation

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Stanwell Corporation Limited
Type Queensland Government-owned corporation
Industry Energy
Headquarters Brisbane, Australia
Area served Queensland
Key people Richard Van Breda
CEO
The Honourable Warwick Parer AM
Chairman
Products Energy
Revenue Decrease A$xxx million (2013)
Operating income Decrease (A$24.6) million (2011)
Net income Decrease (A$12.0) million (2011)
Total assets Decrease A$1,814.7 million (2011)
Total equity Decrease A$610.4 million (2011)
Owner(s) Government of Queensland
Employees 800
Website www.stanwell.com
References: [1]

Stanwell Corporation is a Queensland Government owned corporation and is the State' largest electricity generator.

Stanwell Corporation is a diversified energy company with a range or electricity generation assets: thermal coal, gas and hydroelectric, and fuel assets. These are geographically dispersed across Queensland which together generate more than 4,000 megawatts of electricity.[2] .

The business employs approximately 800 people across its various sites in Queensland.

Major assets[edit]

Major assets owned and operated by Stanwell include

Windy Hill Wind Farm in Queensland and Toora Wind Farm in Victoria were owned by Stanwell but were sold to Transfield Services in 2007. The company also subsequently sold Emu Downs Wind Farm in Western Australia.

Following a review by the Treasurer of Queensland of the state’s electricity sector in 2010, Tarong Energy became a wholly owned subsidiary of Stanwell Corporation on 1 July 2011.[3]

References[edit]

  1. ^ "Stanwell Annual Report 2010". Stanwell Corporation. Retrieved 12 June 2011. 
  2. ^ "Stanwell Corporation: About us". Stanwell Corporation Limited. Retrieved 20 August 2010. 
  3. ^ "Smooth transition into new structure for Queensland Government Gencos". Press Release. 11 July 2011. Retrieved 5 August 2011. 

External links[edit]