Delta Electricity
Delta Electricity is an electricity generation company in Australia. The company was formed by the Government of New South Wales in 1996 as part of its reform of the electricity sector in the State, which saw the breakup of the Electricity Commission of New South Wales. Delta Electricity, which at the time owned only the Vales Point Power Station, was sold to Sunset Power International for $1 million in November 2015 and was valued at $730 million 2 years later. It has a portfolio of generating sites mainly using thermal coal power. Generation portfolio Delta Electricity, as a State-owned corporation has owned and operated the following power stations to generate electricity for sale under contract. Since December 2015, Delta Electricity only operates the Vales Point Power Station. History Delta Electricity was formed by the Government of New South Wales in 1996 as part of its reform of the electricity sector in the State, which saw the breakup of the Electricity Commission of New South Wales. Following a report by the Health Rivers Commission, in 1998 the Minister for Urban Affairs and Planning, Craig Knowles, announced that a small hydro-electric power station would be installed in the Chichester Dam to generate