Sept 29 (Reuters) - Australia's AGL Energy Ltd (AGL) said on Thursday it expects to exit coal-fired power generation by the end of 2035, 10 years ahead of a previously announced timeline.
The country's top power producer also forecast improved profit in fiscal 2023, benefiting from a strong portfolio performance in August and September.
AGL expects underlying profit after tax of between A$200 million ($130 million) and A$320 million this fiscal, compared to A$225 million reported last year. ($1 = 1.5354 Australian dollars) (([email protected]; Twitter: https://twitter.com/damnit_saladin;))
News: AGL Australia's AGL expects to exit coal generation by 2035
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