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Parliamentary Questions


Question Without Notice No. 974 asked in the Legislative Council on 17 October 2018 by Hon Peter Collier

Parliament: 40 Session: 1

ALBANY WAVE ENERGY PROJECT — CARNEGIE CLEAN ENERGY — FINANCIAL ASSISTANCE

974. Hon PETER COLLIER to the Minister for Regional Development:

I refer the minister to her response to question without notice 949, asked on Tuesday, 16 October. Given that on 28 September 2018, the Department of Primary Industries and Regional Development and Carnegie had signed a renegotiated agreement, what was the relevance of Carnegie's ASX announcements on 28 September that prompted DPIRD to seek legal advice, and on what subject?

Hon ALANNAH MacTIERNAN replied:

The ASX announcements on 28 September 2018 signalled material changes to Carnegie's structure and corporate leadership. The department sought legal advice on the possible impact of these changes on the state's obligations under the financial assistance agreement.