Operator of troubled Callide power station sued for more than $1b (opens original article in a new tab)

The state-owned operator of Queensland's Callide power station is facing a $1 billion lawsuit from its joint venture partner, Sev.en Global Investments, over alleged failures that caused significant generation capacity losses.

• State-owned operator CS Energy sued by Sev.en Global Investments for over $1 billion
• Sev.en claims 1,700 days of generation capacity lost due to three failures at Callide power station
• CS Energy says it will defend against the allegations
• Czech-based Sev.en owns 50% of Callide through subsidiary IG Power