Thursday 5 February 2009

Hot rocks investment

Summaries - Australian Financial Review
Wednesday 4/2/2009 Page: 50

TRUEnergy, owned by utility giant CLP Group, is to proceed with a $57 million investment in the Paralana geothermal project in South Australia. The venture, which includes Beach Petroleum and Petratherm, has won approval from the Foreign Investment Review Board and will supply power to the nearby Beverly Uranium Mine.

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