The following item was in today's 'Business Spectator'. Nothing...

The following item was in today's 'Business Spectator'.

Nothing new but if EPW are serious how do you think they would fund it? A Mix of equity, bank loans and a nice JV partner or two perhaps.

Is this uncertainty frightening off buyers? Or is this straw clutching?

AGL Energy, Macquarie Generation

AGL Energy managing director Michael Fraser has made it perfectly clear that he’s interested in the sales process for the NSW government’s coal fired power station.

The Macquarie Generation sale was always expected to attract the attention of AGL, but some onlookers have been taken aback with how forward he was.

AGL is going up against Thailand’s RATCH-Australia and ERM Power. If estimates that the business could be worth $2 billion are accurate, AGL would have to seriously consider equity.