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AGL AGL Energy News Story

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Brief: AGL Energy Announces Final Investment Decision On The 500 MW Tomago Battery

July 31 (Reuters) - AGL Energy Ltd AGL.AX:

FINAL INVESTMENT DECISION ON THE 500 MW TOMAGO BATTERY

CONSTRUCTION WORK FOR BATTERY IS EXPECTED TO BEGIN IN LATE 2025

CONSTRUCTION WORK FOR BATTERY IS EXPECTED TO BEGIN IN LATE 2025

TOTAL CONSTRUCTION COST OF THIS GRID FORMING BATTERY PROJECT IS ESTIMATED TO BE APPROXIMATELY A$800 MILLION

HAS ENTERED INTO A CONTRACT WITH FLUENCE AS ENGINEERING, PROCUREMENT AND CONSTRUCTION PROVIDER.

Further company coverage: AGL.AX

 ((Reuters.Briefs@thomsonreuters.com;))

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