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TransGrid
Transgrid is the manager and operator of the high voltage electricity transmission network in New South Wales and the Australian Capital Territory, Australia, and is part of the National Electricity Market (NEM). The company's offices are located in Sydney, Newcastle, Orange, Tamworth, Wagga, and Yass. History Transgrid began as the trading name of the Electricity Transmission Authority which was established on 1 February 1995 as a statutory authority under the ''Electricity Transmission Authority Act 1994'', as part of the break-up of the Electricity Commission of New South Wales. The Authority was corporatised in December 1998, by the ''Energy Services Corporations Amendment (Transgrid Corporatisation) Act 1998'', and Transgrid became the actual name of the corporation. In December 2015, a consortium called NSW Electricity Networks was the successful bidder for a 99-year lease of Transgrid's transmission network for $10.3 billion. The consortium consists of two Australian e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electricity Commission Of New South Wales
The Electricity Commission of New South Wales, sometimes called Elcom, was a statutory authority responsible for electricity generation and its bulk transmission throughout New South Wales, Australia. The commission was established on 22 May 1950 by the ''Electricity Commission Act 1950'' to take control of power generation in the State. The commission acquired the power stations and main transmission lines of the four major supply authorities: Southern Electricity Supply, Sydney County Council, the Department of Railways and the Electric Light and Power Supply Corporation Ltd, known as the Balmain Electric Light Company, to acquire the Balmain Power Station.''Balmain Electric Light Company Purchase Act 1950'' (NSW) The commission was responsible for the centralised co-ordination of electricity generation and transmission in the State, and some local councils continued to be distributors of electricity only. History Formation and expansion The Electricity Commission of New South ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ActewAGL
ActewAGL is an Australian multi-utility joint venture company that provides utility services in the Australian Capital Territory (ACT) and south-east New South Wales. The company was formed in October 2000 between the Australian Gas Light Company (now AGL Energy) and ACTEW Corporation (now Icon Water), an ACT Government-owned corporation. As of October 2017, ActewAGL is made up of two partnerships: * ActewAGL Retail — owned equally by Icon Water and AGL Energy via subsidiary companies. * ActewAGL Distribution — owned equally by Icon Water and Jemena Ltd via subsidiary companies. It operates an electricity distribution network and a gas distribution network in the ACT. The electricity supplies are provided by NSW Electricity Networks over transmission lines owned by TransGrid. Natural gas supplies come via the Eastern Gas Pipeline, owned by Jemena , from the Gippsland Basin, Victoria. On 1 January 2018, the part of ActewAGL Distribution that operates and maintains the ACT ele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utilities Trust Of Australia
H.R.L. Morrison & Co (Morrison & Co) is a specialist alternative asset manager focusing primarily on infrastructure, private equity and property investment with offices in New Zealand, Australia, United Kingdom, United States, Singapore and Hong Kong. History Morrison & Co was founded in 1988 by Lloyd Morrison, H. R. Lloyd Morrison offering a broad range of investment advisory services to private and public sectors in New Zealand and Australia. Headquartered in Wellington, New Zealand, in the early 1990s Morrison & Co narrowed its focus to infrastructure investment and advisory services as major privatizations took place in Australia and New Zealand. After launching Infratil in 1994, Morrison & Co became an increasingly active investor and adviser in privatisations of Australasian airports, ports and energy businesses. In 2009, Morrison & Co launched the Public Infrastructure Partnership Fund, New Zealand's first fund dedicated to investing in Public-private partnerships by count ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spark Infrastructure
Spark Infrastructure Group is an Australian investment fund which owns and manages a portfolio of electricity infrastructure assets. Spark's principal investments are 49% stakes in both SA Power Networks and Victoria Power Networks; as well as a 15% stake in the NSW Power Networks consortium given the concession for TransGrid, the high-voltage transmission system for New South Wales. History The company debuted on the Australian Securities Exchange on 16 December 2005 with the stock symbol SKICA representing an instalment receipt with a final instalment due in March 2007 when the instalment receipts were transferred for SKI shares. In August 2021, a takeover bid from KKR, Ontario Teachers' Pension Plan and Public Sector Pension Investment Board was accepted by the board of directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Electricity Market
The National Electricity Market (NEM) is an arrangement in Australia's electricity sector for the connection of the electricity transmission grids of the eastern and southern Australia states and territories to create a cross-state wholesale electricity market. The Australian Energy Market Commission develops and maintains the Australian National Electricity Rules (NER), which have the force of law in the states and territories participating in NEM. The Rules are enforced by the Australian Energy Regulator. The day-to-day management of NEM is performed by the Australian Energy Market Operator. NEM operations began on 13 December 1998 and currently covers Queensland, New South Wales, Australian Capital Territory, Victoria, Tasmania and South Australia. Western Australia and the Northern Territory are not connected to the NEM. The NEM comprises five regions, with the ACT being in the NSW region. Tasmania joined the NEM in May 2005 and became fully operational on 29 April 2006 when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuwait Investment Authority
The Kuwait Investment Authority (KIA) is Kuwait's sovereign wealth fund, managing the state’s reserve and the state’s future generation fund (FGF). Founded in 1953, the KIA is the world's oldest sovereign wealth fund. As of April 2022, it was the world's 3rd largest sovereign wealth fund with US$738 billion in assets under management. History and profile KIA was founded on 23 February 1953 to manage the funds of the Kuwaiti Government in light of financial surpluses after the discovery of oil. KIA is the world's oldest sovereign wealth fund. KIA manages the Kuwait General Reserve Fund, the Kuwait Future Generations Fund, as well as any other assets committed by the Ministry of Finance. To put KIA's size into perspective, the Kuwait Future Generations Fund has 15% of annual oil revenues added to it. KIA's board of directors is headed by the minister of finance with other seats allocated to the Energy Minister, Governor of the Central Bank of Kuwait, Undersecretary of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Former Government-owned Companies Of New South Wales
A former is an object, such as a template, gauge or cutting die, which is used to form something such as a boat's hull. Typically, a former gives shape to a structure that may have complex curvature. A former may become an integral part of the finished structure, as in an aircraft fuselage, or it may be removable, being using in the construction process and then discarded or re-used. Aircraft formers Formers are used in the construction of aircraft fuselage, of which a typical fuselage has a series from the nose to the empennage, typically perpendicular to the longitudinal axis of the aircraft. The primary purpose of formers is to establish the shape of the fuselage and reduce the column length of stringers to prevent instability. Formers are typically attached to longerons, which support the skin of the aircraft. The "former-and-longeron" technique (also called stations and stringers) was adopted from boat construction, and was typical of light aircraft built until the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Power Transmission System 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Energy Regulator
The Australian Energy Regulator (AER) is the regulator of the wholesale electricity and gas markets in Australia. It is part of the Australian Competition & Consumer Commission and enforces the rules established by the Australian Energy Market Commission. The AER was established in July 2005. The next year all 13 bodies previously responsible for energy regulation had transferred responsibility to the AER. Decisions made by the regulator are subject to appeal. Functions The AER's current functions are focused on regulating the natural monopoly transmission and distribution sectors of the national electricity market, monitoring the wholesale electricity market and enforcing electricity market rules. The AER's regulatory functions and powers are conferred upon it by the national electricity law and the national electricity rules. Under the national electricity law and national electricity rules, the AER's key responsibilities at the present time include: * regulating the revenues ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Essential Energy
Essential Energy is a state-owned electricity infrastructure company which owns, maintains and operates the electrical distribution networks for much of New South Wales, covering 95 percent of the state geography. It also owns the reticulated water network in Broken Hill through Essential Water, formerly Australian Inland Energy and Water. Essential Energy was formed from the previously state-owned energy business, Country Energy, when the retail division of the company, along with the Country Energy brand, was sold by the NSW Government in 2011 to Origin Energy. See also * Stephens Creek Dam The Stephens Creek Dam is an earth-filled embankment dam built on a rock foundation with an uncontrolled spillway across the Stephens Creek, located in the Far West region of New South Wales, Australia. The principal purpose of the dam is to su ... References External links Essential EnergyEssential Energy Network Map Government-owned companies of New South Wales Electric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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