IEEFA Australia: Escalating Financial Risk in Adani’s Abbot Point Coal Terminal

Oct. 2, 2017 (IEEFA) — New analysis by The Institute for Energy Economics and Financial Analysis (IEEFA) finds that Adani’s Abbot Point Coal Terminal is excessively leveraged, promises negative shareholders equity, and runs the risk of becoming a stranded asset if Adani’s proposed Carmichael mine does not get the A$1 billion Australian taxpayer subsidy it … Continue reading IEEFA Australia: Escalating Financial Risk in Adani’s Abbot Point Coal Terminal