A $20million National Australia Bank (NAB) facility secured by ERM Power's growing retail business will help fund the company's next stage of expansion in the competitive electricity market.
ERM Gas (ERM) is looking for a partner to capitalise on several exciting opportunities in WA Exploration Permit EP-389 through a 50 per cent farm down of ERM’s equity entitlement in this permit.
Queensland and New South Wales may face shortfalls in electricity supply in as little as two years if the Federal Government pushes ahead with the planned Carbon Pollution Reduction Scheme (CPRS), a Senate committee has been told today.
ERM Power has been given the green light to build a $700million, gas-fired power station in central western New South Wales (NSW) to strengthen the future of the state's power supply with cleaner electricity.
Australia’s largest reducer of carbon pollution has branded the CPRS “a tax hike of huge proportions”, and said it fails to deliver genuine incentives to cut emissions.
Western Australia’s power grid will be boosted by 10 per cent in the lead up to summer, with the State’s most modern and efficient power station officially opened today.