TOKYO, Jan 7 (Reuters) - Japanese trading house Marubeni Corp
The 850-megawatt coal-fired thermal power plant is located in southern Queensland and sells power wholesale, making profits from the asset very volatile, the person said, speaking on condition of anonymity.
"It was a straight forward transaction," the person said, declining to name the South Korean buyer.
The plant, which also has an coal mine connected to it, came online in 2003 and supplies electricity to about 1.1 million homes, according to the power plant's website.
A Marubeni spokeswoman said she was looking into the matter.
($1 = 1.1159 Australian dollars)
(Reporting by James Topham; Editing by Chris Gallagher)
((james.topham@thomsonreuters.com)(+813 6441 1858)(Reuters Messaging: james.topham.thomsonreuters.com@reuters.net))
Keywords: MARUBENI AUSTRALIA/POWER