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Peak Pool Prices by State, in the NEW top 2pc Percentile Price (A$)

Posted by gmarkets on 28 September, 2007

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Reference: Morgan Stanley, Report to the Owen Inquiry: Securing Private Investment in New Generation in New South Wales, August 31, 2007
Morgan Stanley Australia Limited (“Morgan Stanley”) was appointed as adviser to the NSW Owen Review in late May 2007. Morgan Stanley’s scope of work was to provide advice to the Owen Inquiry pursuant to its fourth term of reference as to:
• The conditions required for private sector investment in new generation in NSW
• Identify the options available to bring about these conditions for investment
Our advice to the Owen Inquiry is contained in this report. The information has been prepared by Morgan Stanley for and on behalf of the Crown in right of the State of New South Wales (“the State’) for information purposes in connection with professional services provided by Morgan Stanley as Financial Adviser to the Owen Inquiry into Electricity Supply in New South Wales. The information contained in the report is based on information obtained from the State, from various entities wholly-owned by the State and from public and non-public sources on, or prior to, the date hereof. Any views contained herein are based on financial, economic, market and other conditions prevailing as of the date of this presentation and other key assumptions referred to herein. The objective of this report is to provide the State with advice in relation to the Owen Inquiry.

Erisk Net, 31/8/2007

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