Question on Notice regarding Verve Energy's valuation and capital contributions to Wind Energy Corporation Pty Ltd joint venture. The answer indicates Verve Energy placed no value on its ownership and made no capital contributions.

AnsweredQoN 924Legislative Assembly
Asked
27 June 2013
Portfolio
Energy

QuestionView source ↗

I refer to Wind Energy Corporation Pty Ltd, and I ask: (a) what value was placed by Verve Energy on its ownership of 50 per cent of Wind Energy Corporation Pty Ltd joint venture on each of these dates: (i) 30 June 2011; (ii) 30 June 2012; and (iii) 31 March 2013; and (b) has any capital been paid into Wind Energy Corporation Pty Ltd joint ventrure by Verve Energy and if so, on what dates, and in what amounts?

AnswerView source ↗

Answered
1 August 2013
Responded by
Minister for Energy
Response time
35 days
(a)(i) Nil.
(ii) Nil.
(iii) Nil.
(b) No.

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