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Basslink outage seen as force majeure covered by insurance (Amended)

Keppel's comment follows EnergyQuest's estimate that it has cost Tasmania at least A$560m to date

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Keppel Corporation has reiterated cable operator Basslink's belief that the outage of the only electricity interconnector between Tasmania and mainland Australia is a force majeure event and the fault is covered by insurance.

Singapore

KEPPEL Infrastructure Fund Management, trustee-manager of Keppel Infrastructure Trust, has reiterated cable operator Basslink's belief that the outage of the only electricity interconnector between Tasmania and mainland Australia is a force majeure event and the fault is covered

sentifi.com

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