Snowy Hydro 2.0 executives receive $751,925 bonuses despite cost blowout

Annual reports reveal that executives at Snowy Hydro, the NSW-owned renewable energy company, received bonuses totaling $751,925 in the last financial year, even as the Snowy 2.0 project's cost ballooned to 12 times its original estimate. CEO Dennis Barnes, with a base salary of $1.8 million, declined his cash bonus. The development highlights governance concerns and potential political fallout in Australia over public spending and project management.

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