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.

PB Power appointment energises Aviva PB Power appointment energises Aviva PB Power appointment energises Aviva PB Power appointment energises Aviva 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.

topics

loader