Dr. Steve Thomas questions Synergy regarding assets held for sale, their listing dates, prices, and oversight. The response identifies one asset, Hope Valley, and cites confidentiality regarding pricing details.

AnsweredQoN 1520Legislative Council
Asked
14 November 2024
Portfolio
Energy

QuestionView source ↗

SYNERGY — ASSET
SALES
1520. Hon Dr STEVE THOMAS to the parliamentary secretary
representing the Minister for Energy:
I refer to Synergy's policy
that assets held for sale must be immediately available, and a sale highly
probable.
(1) As at 12 November 2024, what
assets does Synergy have for sale?
(2) On what dates did Synergy offer
or list the assets for sale?
(3) What is the asking price for
each asset, and is it fixed or negotiable?
(4) Who has specific oversight in
the negotiation of Synergy asset sales?

AnswerView source ↗

I thank the honourable member for
some notice of the question. On behalf of the Minister for Energy, I provide
the following answer.
(1) The term ''assets
held for sale'' is an accounting term defined under the relevant
Australian accounting standard. At financial
year end, Synergy identifies assets held for sale for the purposes of preparing
audited financial statements. At 30 June 2024, Synergy had one asset
held for sale—Hope Valley.
(2) Not
applicable.
(3) These details are subject to
confidentiality obligations.
(4) Synergy's board has
oversight of the sale of assets and delegates authority as appropriate.

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