CS Energy
CS Energy is an Australia-based electricity generating company owned by the Government of Queensland with its head office located in Fortitude Valley, Brisbane. The company was established in 1997 and employs more than 500 staff.
The company's generation portfolio comprises coal-fired power stations. CS Energy has a trading portfolio of 3,535 megawatts in Australia's national electricity market. At present, the company owns and operates Kogan Creek Power Station and Callide B Power Station. CS Energy also owns Callide Power Station in a 50/50 joint venture with InterGen.
CS Energy was awarded A$32 million in 2010 to help construct Australia's first large-scale solar thermal project at Kogan Creek Power Station. Funding was provided by the Rudd Government under the Renewable Energy Demonstration Program. However, in March 2016, it was announced that CS Energy would 'pull the plug' on that project, at a loss of $40M to CS Energy and $6M to ARENA.
