The Finance Minister's defending a decision to drop 200-million dollars into Genesis Energy
The Finance Minister's defending a decision to drop 200-million dollars into Genesis Energy
24 February 2026
The Crown's buying new shares to retain its 51 percent shareholding, following a 400-million dollar capital raise.
Nicola Willis says the Coalition Government's committed to maintaining a majority ownership - and the purchase stacks up for taxpayers.
She says the Government was clear about the basis of its participation - it would support new generation and firming up capacity.
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