AGL Energy posts first-half loss amid decarbonisation

The main drivers were $706 million in asset impairments from an accelerated decarbonisation plan and a change in the value of financial instruments, AGL said.

Revenue rose 36.7 per cent to $7.808b.

The underlying profit more than halved to $87m.

AGL will pay an unfranked interim dividend of 8 cents, down from 16 cents last year.