❓ Question regarding Verve Energy's relationship with Wind Energy Corporation Pty Ltd, specifically questioning the use of 'joint venture' and potential asset transfers. The answer indicates no share ownership or asset transfer.
AnsweredQoN 930Legislative Assembly
QuestionView source ↗
I refer to Wind Energy Corporation Pty Ltd, and I ask: (a) is Wind Energy Corporation Pty Ltd, referred to Verve Energy in its 2011–2012 Annual Report as a joint venture, in fact a company limited by shares and if so, why does Verve Energy use the term joint venture; (b) does Verve Energy own any shares in Wind Energy Corporation Pty Ltd and if so, how many; (c) was there any consideration paid by Verve Energy for this share/these shares in Wind Energy Corporation Pty Ltd and if so, what was this consideration, and to whom was this consideration paid; and (d) either prior to or subsequent to Verve Energy taking ownership of this share or these shares, has Verve Energy transferred any assets to Wind Energy Corporation Pty Ltd, and if so, what assets and on what dates?
AnswerView source ↗
Answered
1 August 2013
Responded by
Minister for Energy
Response time
35 days
(a)-(b) No
(c)-(d) N/A
(c)-(d) N/A
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