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 plant
The outdoor entertainment area has plenty of space for guests. More from news02:37International architect Desmond Brooks selling luxury beach villa18 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThe kitchen is modern and versatile.She said the buyers relocated to the Gold Coast for the lifestyle, including the chance to spend more time outdoors.“It probably would have been the outdoor entertainment area they liked most because it has a big kitchen, spa, a pool and the bush aspect,” Mrs Carter said.She said the previous owners built the pool to make the most of the lush bushland that the home backed onto.“They built the pool up so when you’re in it, you look like you’re looking straight into the bush,” Mrs Carter said. It’s hard to beat the view from this pool.A GOLD Coast home with an elevated pool that makes it look like you’re swimming in the treetops has sold for $1.255 million.The Reedy Creek property at 7 Grampian Court sold to a Sydney family on Monday.Re/Max Regency – Gold Coast director Nicole Carter, who marketed the property, said the dreamy pool was one of the selling points. This media room is perfect for movie marathons! It even looks nice from the street.The four-bedroom, three bathroom multistorey home had been on the market for a few weeks before it went under contract.She said up to 10 potential buyers inquired about it.“Half were interstate and the other half were local,” Mrs Carter said.She said the successful buyers had been looking for a modern property that was large enough to cater for their children for a long time before they came across this one.“They had been looking in The Observatory specifically because they wanted something new,” Mrs Carter said.