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PB Power appointment energises Aviva

SHARES in Aviva have risen as much as 21% in morning trade after the Perth-based company announced it had appointed PB Power to the role of owner’s engineer for the development of a 2 x 200MW coal-fired baseload power station in Western Australia’s Mid-West region.

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PB Power appointment energises Aviva

The stock gained 6.5c, hitting a high of 37c, before slipping back to 35c, with Aviva saying the first phase of the development project would be a feasibility study to be completed in October. "PB Power's...

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