CS Energy has today been advised that Voluntary Administrators have been appointed to IG Power, our 50/50 Joint Venture Partner for the Callide C Power Station.
We remain committed to the safe and timely reinstatement of the Callide C Power Station units 3 and 4, and are working through our options to achieve this.
CS Energy operates Callide C Power Station on behalf of the Joint Venture. For our people at Callide C it remains business as usual.
Background
Callide Power Station is comprised of two power plants, Callide B and C, each with two generating units (B1 and B2, C3 and C4).
CS Energy owns 100 per cent of Callide B. Both of Callide B’s generating units (B1 and B2) are currently online and generating electricity.
CS Energy owns Callide C in a 50/50 joint venture (JV) with IG Power. Callide C3 is offline following an incident at its cooling tower in October 2022 and C4 is offline following an incident in May 2021.
The Callide C Joint Venture recently announced a staged return to service of Unit C3 from 30 September 2023 and Unit C4 from 31 October 2023. Refer to the media statement of 8 March 2023 for more information on the staged return to service dates of the C station units.
Updated on 9 June 2023 to refer to IG Power as the Callide C JV 50/50 partner.