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Ausgrid
Ausgrid is an electricity distribution company which owns, maintains and operates the electrical networks supplying 1.8 million customers servicing more than 4 million people in Sydney, the Central Coast and Hunter regions of New South Wales, Australia. It was formed in 2011 from the previously state-owned energy retailer/distributor, EnergyAustralia, when the retail division of the company, along with the EnergyAustralia brand, was sold by the Government of New South Wales, and the remainder renamed Ausgrid. Ownership Ausgrid was wholly owned by the Government of New South Wales from 2011 to 2016. In 2016, the New South Wales Government offered the effective sale of a 50.4% stake in Ausgrid, through a 99-year lease. Initial bidding was won by a consortium of State Grid Corporation of China and Cheung Kong Infrastructure Holdings. On 11 August 2016 the Federal Government intervened to block the proposal, citing national security concerns regarding foreign ownership of critical ...
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Sydney County Council
The Sydney County Council (SCC) was formed in 1935 to produce electricity and operate the electricity network in a number of municipalities in metropolitan Sydney. Unlike other New South Wales county councils, which were voluntary associations of local councils to undertake local government activities permitted or required of them by the Local Governnment Act 1919 (including electricity, gas and water supply, flood mitigation, weed control, abbatoirs, airports, town planning), Sydney County Council was established under a separate piece of legislation by the state government to perform the electricity distribution and streetlighting operations of the local government areas concerned. On its establishment it assumed control of the Electricity Department of the Sydney City Council, which was already supplying electricity to other municipalities. In 1952, the SCC lost most its electricity generation functions to the Electricity Commission of New South Wales (established 1950) and re ...
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EnergyAustralia (state Government Enterprise)
EnergyAustralia was a state–owned enterprise of the Government of New South Wales, Australia. It was electricity and gas supplier and retailer which primarily supplied the Sydney, Newcastle and Central Coast areas of New South Wales. Since market deregulation, it increased its focus on retail supply opportunities in electricity and gas to the Victorian market and electricity in the deregulated south–east corner of Queensland. History EnergyAustralia has origins over 100 years old, and was formed after a merger in 1996 between Orion Energy (formerly Shortland Electricity and Shortland County Council) and Sydney Electricity (formerly Sydney County Council, Mackellar County Council and St George County Council). In 2011, EnergyAustralia's retail business and company name was sold to TRUEnergy. In 2012, TRUEnergy adapted the name EnergyAustralia. The distribution business remained a state government enterprise and was renamed Ausgrid. Energy Australia has been a who ...
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IFM Investors
IFM Investors is a provider of investment services. As at 30 June 2021, IFM Investors invests on behalf of more than 550 institutions worldwide, including pension, superannuation and sovereign wealth funds, universities, insurers, endowment funds and foundations. History Established in 1990, the firm started off as the Development Australia Fund (DAF Limited). It was established to invest in growing Australian private and public companies and infrastructure assets. In 1994, Industry Funds Services (IFS) was established to provide advice and specialist investment expertise in infrastructure, private equity and Australian equities. Industry Funds Management (IFM) was created through the merger of IFS Capital Group and DAF Limited in 2004. Industry Funds Management (IFM) changed its name to IFM Investors in 2013. In 2018, the company Fomento de Construcciones y Contratas (FCC) decided to sell 49% of the capital of its subsidiary FCC Aqualia to the IFM Global Infrastructure Fund ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Electric Power Distribution Network Operators In Australia
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a unit of positiv ...
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Government-owned Companies Of New South Wales
State ownership, also called government ownership and public ownership, is the ownership of an Industry (economics), industry, asset, or Business, enterprise by the State (polity), state or a public body representing a community, as opposed to an individual or Private property, private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from Public good (economics), public goods and government services financed out of a Government budget, government's general budget. Public ownership can take place at the Central government, national, regional government, regional, local government, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, Collective ownership, collective/cooperative, and common ownership. In market-based economies, state-owned asset ...
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Companies Established In 2011
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Based In Sydney
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Office Of Environment And Heritage (New South Wales)
The New South Wales Office of Environment and Heritage (OEH), a former division of the Government of New South Wales between April 2011 and July 2019, was responsible for the care and protection of the environment and heritage, which includes the natural environment, Aboriginal country, culture and heritage, and built heritage in New South Wales, Australia. The OEH supported the community, business and government in protecting, strengthening and making the most of a healthy environment and economy within the state. The OEH was part of the Department of Planning and Environment cluster and managed national parks and reserves. Following the 2019 state election, the agency was abolished and most functions of the agency were assumed by the Department of Planning, Industry and Environment with effect from 1 July 2019. The heritage functions were assumed by the Department of Premier and Cabinet, but would be transferred back to the Department of Planning and Environment on 1 Apri ...
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East Lindfield
East Lindfield is a suburb on the Upper North Shore of Sydney in the state of New South Wales, Australia. East Lindfield is located 13 kilometres north-west of the Sydney Central Business District in the local government area of Ku-ring-gai Council. Lindfield is a separate suburb to the west sharing the postcode of 2070. History Lindfield means "lime tree field". The Lindfield area was settled in the 1850s. The name derives from the native town of early landowner Mr List, who named his house after Lindfield, Sussex, England. When the railway line came through the area in the 1890s, the name of the property was used to identify the station and neighbourhood. Suburban development in East Lindfield occurred mostly in the 1950s and 1960s, so most of the houses in East Lindfield are newer and have a different style to those of Lindfield, which mostly pre-date World War II. East Lindfield became a separate suburb from Lindfield when it was gazetted on 5 August 1994. Transport ...
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Penshurst, New South Wales
Penshurst () is a suburb in southern Sydney, in the state of New South Wales, Australia. Penshurst is located 17 kilometres south of the Sydney central business district and is part of the St George area. Penshurst features low to medium-density housing. It has a predominantly older population however it is increasingly being populated by a new generation of migrant families who are attracted by its proximity to Hurstville. History Penshurst was named after Penshurst, Kent, England. Originally part of the land grant to Robert Townson (1763–1827), the land was acquired in 1830 by John Connell, who left it to his grandsons J.C. and E.P. Laycock. Connell's Bush was subdivided by the Laycocks and the western part sold to Thomas Sutcliffe Mort. The early work in the area was timber-cutting and small farming. The railway station opened 17 May 1890. A large portion of Penshurst located south of the railway line is referred to as the MacRae's Estate, as it was once owned by the M ...
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Leichhardt, New South Wales
Leichhardt is a suburb in the Inner West of Sydney, in the state of New South Wales, Australia. Leichhardt is located 5 kilometres west of the Sydney central business district (CBD) and is the administrative centre for the local government area (LGA) of the Inner West Council. The suburb is bordered by Haberfield to the west, Annandale to the east, Lilyfield to the north and Petersham, Lewisham and Stanmore to the south. History Aboriginal anthropology Leichhardt was once an area broadly inhabited by the Wangal band of the Dharug (Eora) language group. The 'Eora people' was the name given to coastal Aborigines around Sydney – Eora means ''from this place'' – local Aboriginal people used this word to describe to Europeans where they came from, and in time the term became used to define Aboriginal people themselves. Wangal country was known as 'wanne' and it originally extended from the suburbs of Balmain and Birchgrove in the east to Silverwater and Auburn in the west. I ...
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