IG Power (Callide) - Case Update

John Park and Benjamin Campbell of FTI Consulting have been appointed as special purpose administrators of IG Power (Callide), which entered administration last March.

IG Power operates a power station through an unincorporated joint venture with an entity ultimately owned by the Queensland Government.

The special purpose administrators were appointed to conduct investigations into the cause of two catastrophic incidents at the power station - the explosion of a turbine in 25 May 2021 and the partial collapse of a cooling tower in October 2022, and any potential claims available to IG Power in connection with the incidents.

Read the decision here.