Delta Electricity

Delta Electricity
Company typePrivate Corporation
IndustryElectricity generation
Founded1996 (1996)
Headquarters
Sydney
,
Australia
Key people
Trevor St Baker (Director)
Brian Flannery (Director)
Greg Everett (MD)
OwnerSunset Power International
Number of employees
Decrease 280
ParentSunset Power International
Websitewww.de.com.au

Delta Electricity is an electricity generation company in Australia. The company was formed by the Government of New South Wales in 1996 as part of its reform of the electricity sector in the State, which saw the breakup of the Electricity Commission of New South Wales. Delta Electricity, which at the time owned only the Vales Point Power Station, was sold to Sunset Power International for $1 million in November 2015[1] and was valued at $730 million 2 years later.[2] It has a portfolio of generating sites mainly using thermal coal power.

  1. ^ Potter, Ben (19 November 2015). "NSW government sells Vales Point power station for $1m". Australian Financial Review (Subscription Required). Retrieved 22 November 2015.
  2. ^ "How a power station sold for peanuts became a $730 million asset". Australian Broadcasting Corporation. 24 October 2017. Retrieved 24 March 2022.