Malcolm Johns: Genesis Energy CEO on the Government investing more money into the business
Genesis Energy says fresh Crown investment into the power generator will go towards building infrastructure.
The Government's confirmed it will put up to $200 million dollars - letting it retain its 51 percent shareholding, as Genesis launches a capital raise.
Chief executive Malcolm Johns says the money will speed up its ability to build.
"We're gonna build some solar farms, some grid-scale batteries and some wind, and extend the life of Huntly Rankines."
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