Endeavour Energy
Endeavour Energy is the operator of the electrical distribution network for Greater Western Sydney, the Blue Mountains, the Southern Highlands and the Illawarra region of NSW, Australia.[1]
Partnership (Australia) | |
Industry | Electricity |
Predecessor | Integral Energy |
Founded | 1 March 2011 |
Headquarters | , Australia |
Area served | Western Sydney, Blue Mountains, Southern Highlands and Illawarra areas of NSW |
Services | Electricity distribution |
Owner | Partnership between a consortium led by Macquarie Infrastructure and Real Assets with the NSW Government |
Website | www |
Background
It was formed from the previously state-owned energy retailer/supplier, Integral Energy,[2] when the retail division of the company, along with the Integral Energy brand, was sold by the NSW Government in 2011 to Origin Energy.
On June 2017, an Australian-led consortium of institutional investors acquired 50.4% ownership of the rights to management of Endeavour Energy's network assets under a 99-year lease.
The consortium is led by Macquarie Infrastructure and Real Assets (MIRA), and includes AMP Capital, British Columbia Investment Management Corporation and Qatar Investment Authority.
The NSW Government retains a 49.6% interest and continues to regulate safety and reliability.[3][4]
References
- "Endeavour Energy - About us". Endeavour Energy. Retrieved 30 June 2017.
- "Endeavour Energy - About us". Endeavour Energy. Retrieved 29 July 2012.
- "Endeavour Energy - About us". Endeavour Energy. Retrieved 30 June 2017.
- "The Treasury - Past projects". The Treasury NSW Government. Retrieved 30 June 2017.