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AGL Energy Accelerates 1.4 GW Battery Projects Amid Strong FY25 Half-Year Results
8:43am on Monday 2nd of June, 2025 AEST
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Energy
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AGL Energy Accelerates 1.4 GW Battery Projects Amid Strong FY25 Half-Year Results
8:43am on Monday 2nd of June, 2025 AEST
Key Points
Underlying EBITDA of $1.068 billion, underlying NPAT of $373 million
Targeting Final Investment Decisions for 1.4 GW of grid-scale battery projects within 12-18 months
500 MW Liddell Battery on track for early 2026 operation
Consumer customer margin compression amid heightened competition and lower pricing
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Agl Energy (ASX:AGL)
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