Malcolm Johns: Genesis Energy CEO on the Government investing more money into the business Titelbild

Malcolm Johns: Genesis Energy CEO on the Government investing more money into the business

Malcolm Johns: Genesis Energy CEO on the Government investing more money into the business

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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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