| Type | Queensland Government-owned corporation |
|---|---|
| Industry | Energy |
| Headquarters | Brisbane, Australia |
| Area served | Queensland |
| Key people | Helen Gluer CEO Graham Carpenter Chairman |
| Products | Electricity |
| Revenue | A$562.6 million (2011) |
| Operating income | (A$24.6) million (2011) |
| Net income | (A$12.0) million (2011) |
| Total assets | A$1,814.7 million (2011) |
| Total equity | A$610.4 million (2011) |
| Owner(s) | Government of Queensland |
| Employees | 1000 |
| Website | www.stanwell.com |
| References: [1] | |
Stanwell Corporation is an electricity generation company in Queensland, Australia. It is fully owned by the Queensland Government, and has a portfolio of generating sites using thermal coal, gas and hydroelectric power in Queensland.
The company employs almost 1,000 staff mostly in Queensland power stations, which together generate more than 4,000 megawatts of electricity.[2]
Major assets owned and operated by Stanwell include Stanwell Power Station, Tarong Power Stations, Meandu Mine, Koombooloomba Hydro Power Station, Kareeya Hydro Power Station, Barron Gorge Hydro Power Station, Mica Creek Power Station, Mackay Gas Turbine, Swanbank B and E Power Stations and Wivenhoe Small Hydro. 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.[3]
|
|||||||||||||||||||||||||||||||||||