AusGrid

Company description

Ausgrid delivers a safe and reliable electricity supply to more than 1.7 million homes and businesses across Australia. The business and its predecessors have been supplying electricity since 1904. It is an industry leader in distributing electricity and providing energy service.It operates, maintains and builds grid powering Sydney - the nation's largest economy - and its diverse customer base ranges from small businesses, rural customers and large national and global corporations. The grid supplies industries such as mining, manufacturing, oil refining, shipping, engineering, tourism and agriculture.

Company details

City:
Sydney
Address:
570 George Street,Sydney NSW 2000

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • November 11, 2016

    IFM Investors and AustralianSuper acquire 50.4% interest in a 99-year lease of Ausgrid

    The consortium comprising equal representation of IFM Investors and AustralianSuper has acquired a 50.4% interest in a 99-year lease of Ausgrid releasing AUD16.2 billion (US$12.3 billion) in gross pro...

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  • September 30, 2016

    Unsolicited offer submitted for Ausgrid

    The sell of a majority stake in an Australian state-owned power network has been revived with a proposal submitted by local investors one month after offers from State Grid and Cheung Kong Infrastruct...

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  • August 30, 2016

    Australia formally rejects bids by State Grid and Cheung Kong Infrastructure for Ausgrid

    Australia government has officially rejected bids by two Chinese companies in the sale of the country’s biggest energy grid, Ausgrid.

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  • July 28, 2016

    Two bids received for AusGrid

    The New South Wales (NSW) government has received two bids for the sale of its 50.4 percent satke in Ausgrid, Australia’s biggest electricity network.

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