Toxic Darling Downs gas plant won't be sold: liquidators

LIQUIDATORS of Linc Energy have announced the controversial Chinchilla underground coal gasification plant will not be sold as part of a liquidation sale.

PPB Advisory, the liquidators behind the failed company, notified the State Government with the documents this week in a move which separates Chinchilla's Hopeland area from the remaining Linc asset sale.

The Chinchilla trial site is subject to pending legal action over alleged environmental harm which Linc Energy founder Peter Bond has denied and indicated he will fight in court.

PPB Advisory's move means the remaining Linc assets can be sold in an effort to recover debts of $320 million after creditors voted to wind up the company in May.

Creditors on Tuesday voted in favour of the asset sale however the buyer has not been named until the contract in finalised, ABC reports.

Topics:  darling downs hopeland linc energy

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Best-selling sci-fi author to visit Springfield

Best-selling sci-fi and fantasy author, Kylie Chan is coming to BOOK FACE Orion.

Science fiction meets ancient Eastern mythology

Ipswich man in court over 'childish' egging comments

Using cracked or dirty eggs can lead to salmonellosis food poisoning.

He was accused of egging a house on social media

OP1 graduate ecstatic with score

Clarissa Adamovics received an OP1 after graduating from Redbank Plains State High School in 2017.

Clarissa Adamovics happy to study nursing at UQ.

Local Partners