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

Annual reports show NSW renewable company’s CEO opted out of cash bonus, while CSIRO’s chief received an extra $200,000 Get our breaking news email , free app or daily news podcast Executives at the troubled Snowy Hydro company collectively banked bonuses worth a combined $751,925 in the last financial year, despite its renewable energy project blowing out to 12 times its original cost. But Guardian Australia can reveal chief executive, Dennis Barnes, who has a base salary of $1,845,126, opted not to accept the extra cash. Continue reading...