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Debt woes threaten Australia’s newest coal-fired power plant

first_img FacebookTwitterLinkedInEmailPrint分享The Australian:One of the major owners of the Bluewaters Power Station, Sumitomo, is understood to have hired restructuring firm Houlihan Lokey as a debt repayment deadline approaches for the asset, which owes $400m.Houlihan Lokey, which counts Australian restructuring expert Jim McKnight in its ranks, is now one of a raft of advisers around the situation.McGrath Nicol is working with the lenders, along with law firm G+T, while Japanese bank MUFG is working as the financial adviser to the Bluewaters company. Law firm Clayton Utz is also working for Sumitomo.Debt is due in August, and the challenge will be finding funding at a time that banks are shying away from coal-fired power stations.The power station, 4.5km northeast of Collie in Western Australia, was built by Griffin Energy in 2009. Owners include 50 per cent shareholder Sumitomo of Japan and Japanese power utility Kansai Electric. It has generation capacity of about 430 megawatts.Some observers say the owners may have to stump up equity to ensure it continues to operate.[Bridget Carter]More: Debt deadline nearing for Bluewaters owner Sumitomo Debt woes threaten Australia’s newest coal-fired power plantlast_img read more

Winnipeg Jets GM Kevin Cheveldayoff: Dustin Byfuglien ‘has to decide in his mind that he wants to play’

first_img“That is really going to be up to Buff and his leg or ankle and that aspect of things,” Cheveldayoff said about how long Byfuglien’s recovery could take via the Athletic. “There’s still a few more phases to go before anything potentially could become real. He’s working at an outside clinic. Do we know how the progress [is going]? Sure. We get updates on how the progress is going. Are we directing it? No. The doctor who he had the surgery [with] is directing it.”Byfuglien’s absence from the Winnipeg Jets has loomed over the team like a specter this season. The burly defenseman took a personal leave of absence in September that later turned into speculation he was considering retiring.The Jets suspended Byfuglien during training camp so as to get off the hook for his $7.6 million salary until he does report, but the matter was only further complicated when the 34-year-old underwent ankle surgery in October and the NHLPA filed a grievance on his behalf challenging his suspension.The 2010s: Crosby named NHL Athlete of the Decade | NHL All-Decade TeamOn New Year’s Eve, the general manager noted that Byfuglien’s injuries limited him to only 16 NHL games in the last calendar year (10 in the regular season, six during the first round of the 2019 NHL playoffs). He added that the defenseman has progressed to the rehab phase as part of his recovery from that October surgery; however, he doesn’t know how long that phase will last. As the clock turns to 2020, Winnipeg Jets fans must wonder whether suspended defenseman Dustin Byfuglien will even take the ice for the team this season. Will the team even welcome him back after he returns from an October ankle surgery and if he wants to play?General manager Kevin Cheveldayoff on Monday tried to answer those questions when he spoke to reporters as part of a state of the union address of sorts midway through the Jets’ season. “The first and foremost thing is Dustin Byfuglien has to decide in his mind that he wants to play,” he added. “That’s the biggest hypothetical, so we can all answer those hypotheticals if that one gets answered first. He’s been off for quite a while now.”Dustin Byfuglien has RIDICULOUS accuracy! 😱 pic.twitter.com/nzMOiDfMmm— DJ Blitz (@djblitzwpg) April 15, 2019When it comes to the players association’s grievance filed on Byfuglien’s behalf, Cheveldayoff said he has not yet received an update on the potential timeline for that process. He also did not know whether or not Byfuglien is close to skating again, and even said he has not spoken to the veteran defenseman in some time.Ultimately, the cards appear to be in Byfuglien’s hands — and his team, sitting just inside the Western Conference’s playoff picture on New Year’s Eve, does not seem to know how or when he might play them.last_img read more

FOOTBALL: DEELE HARPS CLUB NEWS

first_imgDeele Harps wish to offer sincere condolences to the family and friends of former player Gabriel Crawford who died suddenly this week and was buried on Saturday.A minutes silence was held before Saturday’s game. RIP Gabriel.Deele won the game , beating Glenree Utd 5-2 with Shane Gallagher(2) , Gary Wilson-McGirr , Paul Lynch and Aidy Gallagher on the scoresheet. There was no winner of the weekly Club Lotto , the numbers drawn were 2, 12, 15, 20 , Noeleen Catterson matched 3 numbers to win €25. Next weeks jackpot now stands at €1475. Lottos are available from committee members and selected sellers. FOOTBALL: DEELE HARPS CLUB NEWS was last modified: January 12th, 2013 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:FOOTBALL: DEELE HARPS CLUB NEWSlast_img read more