Stanwell Corporation
Stanwell Corporation is a Queensland government-owned corporation and is the state's largest electricity generator.
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| Queensland Government-owned corporation | |
| Industry | Energy |
| Headquarters | Brisbane , Australia |
Area served | Queensland |
Key people | Richard Van Breda CEO |
| Products | Energy |
| Revenue |  |
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| Total assets | |
| Total equity | |
| Owner | Government of Queensland |
Number of employees | 800 |
| Website | www |
| Footnotes / references [1] | |
Stanwell own and operate a portfolio of electricity generation assets in Queensland including two of the youngest and most efficient coal-fired power stations in Australia – Stanwell Power Station in Rockhampton and Tarong North Power Station in the South Burnett.
The business employs approximately 800 people across its various sites in Queensland.
Major assets
Major assets owned and operated by Stanwell include
- Stanwell Power Station
- Tarong Power Station
- Tarong North Power Station
- Meandu Mine
- Mica Creek Power Station
- Mackay Gas Turbine
- Wivenhoe Small Hydro
On 31 October 2019, ownership of Stanwell's low and no emission power stations was transferred to CleanCo Queensland. This includes the gas-fired Swanbank E Power Station and the three Far North Queensland hydro facilities (Kareeya, Barron Gorge and Koombooloomba). Windy Hill Wind Farm in Queensland and Toora Wind Farm in Victoria were owned by Stanwell but were sold to Transfield Services in 2007. The company also subsequently sold Emu Downs Wind Farm in Western Australia.
Following a review by the Treasurer of Queensland of the state's electricity sector in 2010, Tarong Energy became a wholly owned subsidiary of Stanwell Corporation on 1 July 2011.[2]
References
- "Stanwell Annual Report 2010" (PDF). Stanwell Corporation. Retrieved 12 June 2011.
- "Smooth transition into new structure for Queensland Government Gencos". Press Release. 11 July 2011. Retrieved 5 August 2011.