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Alinta
Alinta was an Australian energy infrastructure company. It has grown from a small, Western Australia-based gas distributor and retailer to the largest energy infrastructure company in Australia. It was bought in 2007 by a consortium including Singapore Power and various parties which include the now defunct Babcock & Brown funds. Alinta Limited was known as Westnet Infrastructure Group Limited for a time. In March 2011, due to a deleveraging transaction by the TPG Group, Alinta became Alinta Energy. Alinta Energy was acquired by Hong Kong-based Chow Tai Fook Enterprises in 2017. The successor to the retail gas business is now called Alinta Energy. History In January 1995, the vertical monopolist energy supplier, the State Energy Commission of Western Australia, was dis-aggregated into separate gas and electricity corporations, leading to the formation of AlintaGas. (The word Alinta is derived from the word for flame in a traditional language of the Yorta Yorta nation f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alinta Energy
Alinta Energy is an Australian electricity generating and gas retailing private company owned by Hong Kong-based Chow Tai Fook Enterprises (CTFE). It was sold for $4 billion and was approved Treasurer Scott Morrison in 2017. Alinta Energy has an owned and contracted generation portfolio of up to 1,957 MW, approximately 1.1 million combined electricity and gas retail customers and around 800 employees across Australia and New Zealand. In March 2011, due to a deleveraging transaction by the TPG Group, Alinta became Alinta Energy. Alinta Energy was acquired by Hong Kong-based Chow Tai Fook Enterprises in 2017. Chow Tai Fook Enterprises also acquired Loy Yang B power station with assists from Alinta Energy staff. In May 2018, Alinta Energy was announced as the principal partner of the Australian Men's cricket team on a four-year deal, the longest in Australian Cricket history. The Alinta Energy logo will feature on the players' kits for all international matches played in Austr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chow Tai Fook Enterprises
Chow Tai Fook group is a Hong Kong–based, privately-owned conglomerate with holdings in the jewellery, property development, hotel, department store, transportation, energy, telecommunications, port, casino, and other businesses. Despite the holding companies of the group, namely Chow Tai Fook Capital Limited, Chow Tai Fook (Holding) Limited, Chow Tai Fook Enterprises Limited, etc. being privately owned, the group has been partially listed on the stock market via associate company New World Development (, listed since 1972) and subsidiary Chow Tai Fook Jewellery Group Limited (, listed since 2011). As of 31 December 2018, New World Development was ranked as the 47th-largest company by market capitalization on the Stock Exchange of Hong Kong, which was HK$105.68061 billion. However, the size of the unlisted portion of the Chow Tai Fook business empire is unclear. The ''Financial Times'' quoted one banker of the Cheng Yu-tung family, who said, "You can't look at hengYT wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Gas Light Company
The Australian Gas Light Company (AGL) was an Australian gas and electricity retailer, operated entirely by McCarthy Hanlin. It was formed in Sydney in 1837 and supplied town gas for the first public lighting of a street lamp in Sydney in 1841. AGL was the second company to list on the Australian Stock Exchange, Sydney Stock Exchange. The company gradually diversified into electricity and into a number of different locations. After a combination of a merger and demerger with Alinta in 2006, it was replaced by AGL Energy. History In 1837, AGL was given a royal charter charged with the responsibility of lighting Sydney's streets. The lights were lit on 24 May 1841 to celebrate the birthday of Queen Victoria. Town gas was first stored in holder tanks hewn out of solid sandstone at Darling Harbour. Later, a Coastal coal-carrying trade of New South Wales#Australian Gas Light Company, large gas works at Mortlake, New South Wales, Mortlake supplied gas which was used over an area of 600 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Energy Commission Of Western Australia
The State Energy Commission of Western Australia was an Australian energy provider. It was established on 1 January 1975 as an amalgamation of the State Electricity Commission of Western Australia (established 1945) plus the Fuel and Power Commission. It was involved in the buying of the Fremantle Gas and Coke Company as part of the WA Inc events. On 1 January 1995 it was split up into separate gas and electricity utilities, named AlintaGas and Western Power Corporation Western Power Corporation (WPC), owned by the Government of Western Australia, was Western Australia's major electricity supplier from 1995 until 2006. It was formed in 1995 when the monopoly electricity and gas supplier, the State Energy Com ... respectively. References External links Australian Science at Work - State Electricity Commission of Western Australia (1945 - 1975) Defunct utility companies of Western Australia Energy in Western Australia Defunct government agencies of Western Aus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Babcock & Brown
Babcock & Brown LP was a global investment and advisory firm, established in 1977, based in Sydney, Australia, that went into liquidation in 2009. Babcock & Brown Securities LLC was an active investment banking firm focused on equipment and project financing such as aircraft, rail, marine and infrastructure and is based in Greenwich, CT, USA. It is unrelated to Babcock & Brown LP. Babcock & Brown LP was best known in financial markets for structured finance deals. The company had at its peak 28 offices and over 1,500 employees worldwide. Although headquartered in Sydney, it had a significant presence in Europe and the United States. The creditors of Babcock & Brown LP voted to place the company into liquidation on 24 August 2009. At the end of 2008 Babcock & Brown LP had a market capitalisation of just over $8.5 billion, and in 2007 its market capitalisation peaked at above $9.1 billion (A$33.90 per share). However, by October 2008 the share price had collapsed by 95% to A$1.3 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perth
Perth is the capital and largest city of the Australian state of Western Australia. It is the fourth most populous city in Australia and Oceania, with a population of 2.1 million (80% of the state) living in Greater Perth in 2020. Perth is part of the South West Land Division of Western Australia, with most of the metropolitan area on the Swan Coastal Plain between the Indian Ocean and the Darling Scarp. The city has expanded outward from the original British settlements on the Swan River, upon which the city's central business district and port of Fremantle are situated. Perth is located on the traditional lands of the Whadjuk Noongar people, where Aboriginal Australians have lived for at least 45,000 years. Captain James Stirling founded Perth in 1829 as the administrative centre of the Swan River Colony. It was named after the city of Perth in Scotland, due to the influence of Stirling's patron Sir George Murray, who had connections with the area. It gained city statu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macquarie Bank
Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's top ranked mergers and acquisitions adviser, with more than A$737 billion in assets under management. History 1969–1979 Macquarie was founded on 10 December 1969 as Hill Samuel Australia Limited, a subsidiary of the UK's Hill Samuel & Co. Limited. Australian businessman Stan Owens compiled a proposal for Hill Samuel & Co. to establish an Australian subsidiary. After presenting his report in London, Mr Owens was offered the role of implementing it. He became Executive Chairman of Hill Samuel Australia (HSA) and founded the company from offices at Gold Fields House in Sydney's Circular Quay. The company's first three employees were Stan Owens, Blair Hesketh and Geoff Hobson. Later Chris Castleman (on loan from the British parent) and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Energy
United Energy is a Victorian energy network which distributes electricity across east and south-east Melbourne and the Mornington Peninsula to more than 640,000 customers, 90% of which are residential. Its network includes 209,000 poles and over 13,000 kilometres of wires. Electricity is received via 78 sub-transmission lines at 46 zone stations, where it is transformed from sub-transmission voltages to distribution voltages. The company was owned by the DUET Group, which also owned Multinet Gas, which distributes gas in Melbourne's inner eastern suburbs to middle-eastern Victoria. DUET also owned the Western Australian Dampier to Bunbury Natural Gas Pipeline, the sole gas conduit for Perth and coastal Western Australia. In April 2017, Hong Kong-based Cheung Kong Infrastructure (CKI) proposed to acquire the DUET Group for A$7.4 billion, which was approved by FIRB later that month. CKI also owns CitiPower in Melbourne, Powercor in western Melbourne and western Victoria, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Taxation Office
The Australian Taxation Office (ATO) is an Australian statutory agency and the principal revenue collection body for the Australian Government. The ATO has responsibility for administering the Australian federal taxation system, superannuation legislation, and other associated matters. Responsibility for the operations of the ATO are within the portfolio of the Treasurer of Australia and the Treasury. As the Australian government's principal revenue collection body, the ATO collects income tax, goods and services tax (GST) and other federal taxes. The ATO also has responsibility for managing the Australian Business Register, delivering the Higher Education Loan Program, delivering many Australian government payments and administering key components of Australia's superannuation system. History During the colonial period of the 1800s, a number of landholders had secured large tracts of arable land in Australia. After the states federated in 1901 to form the Commonwealth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily compact newspaper published in Sydney, New South Wales, Australia, and owned by Nine. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and "the most widely-read masthead in the country." The newspaper is published in compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, ''The Sun-Herald'' and digitally as an online site and app, seven days a week. It is considered a newspaper of record for Australia. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including the magazines ''Good Weekend'' (included in the Saturday edition of ''The Sy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
