Power giant Engie has assured workers no jobs will be cut as it puts Loy Yang B on the market.
Engie in Australia chief executive Alex Keisser announced the company’s intent to sell the station during a visit to the Latrobe Valley on Thursday.
Mr Keisser described Loy Yang B “as a beautiful asset” and the “most economical” in terms of coal generation in Australia.
Its sale, he said, was part of a global retreat from fossil fuel energy, and had nothing to do with Hazelwood’s closure or the station’s operation.
“Loy Yang B is not an issue for us in terms of operation,” he said.
“The point is that Engie has taken the decision to reduce its operation in carbon plants and is looking around the world to potentially sell some of them.”
He said Loy Yang B would operate “with the best performance possible” whether a buyer was found or not.
“If we can’t find a buyer we have a beautiful asset and we will continue to operate it,” Mr Keisser said.
He also confirmed Loy Yang B’s estimated 200 staff would retain their jobs during the sale period.
“We are very proud of the job (employees do) and there is no intention to lose any jobs,” Mr Keisser said.
