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AGL Delays Australian Wind Farm on Government Policy Concern

Bloomberg: AGL Energy Ltd. (AGK), Australia’s largest developer of renewable energy projects, said it delayed a A$550 million ($509 million) wind farm because of uncertainty over government policy to boost investment in the industry. AGL will defer hiring an engineering and construction contractor for the proposed Silverton wind farm in Australia’s New South Wales state and review its position in 2014, the Sydney-based company said today in an e-mailed statement. “This decision does not indicate reduced...