AST ausnet services limited

Feb 12 (Reuters) - Origin Energy Ltd (ORG) : Org enters...

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    Feb 12 (Reuters) - Origin Energy Ltd (ORG) :

    • Org enters agreement to sell mortlake terminal station (ORG)
    • Deal for a cash consideration of $110 million
    • Says under the terms of the transaction, Origin will enter into a long-term agreement with ausnet services
    • Planned sale of mortlake terminal station stands to provide Origin a pre-tax gain of approximately $25 million
    • Says entered into a sale agreement with ausnet transmission group pty ltd
    • Says agreement with ausnet services to continue to connect mortlake power station to the victorian network
                            
 
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