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Sumitomo writes down Bluewaters investment: IEFA

The company announced its worst ever first half loss of -¥60 billion in early November.

Lou Caruana
Bluewaters power station in WA.

Bluewaters power station in WA.

Furthermore, Sumitomo's coal power projects in developing nations are increasing financial pressure on state-owned power utilities. Bluewaters Power Station is the only privately owned coal-fired power...

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