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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 ...
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Mornington Peninsula
The Mornington Peninsula is a peninsula located south of Melbourne, Victoria, Australia. It is surrounded by Port Phillip to the west, Western Port to the east and Bass Strait to the south, and is connected to the mainland in the north. Geographically, the peninsula begins its protrusion from the mainland in the area between Pearcedale and an area north of Frankston. The area was originally home to the ''Mayone-bulluk'' and ''Boonwurrung-Balluk'' clans and formed part of the Boonwurrung nation's territory prior to European settlement. Much of the peninsula has been cleared for agriculture and settlements. However, small areas of the native ecology remain in the peninsula's south and west, some of which is protected by the Mornington Peninsula National Park. In 2002, around 180,000 people lived on the peninsula and in nearby areas, most in the built-up towns on its western shorelines which are sometimes regarded as outlying suburbs of greater Melbourne; there is a seasonal po ...
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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 ...
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Queensland
) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_date = Colony of Queensland , established_title2 = Separation from New South Wales , established_date2 = 6 June 1859 , established_title3 = Federation , established_date3 = 1 January 1901 , named_for = Queen Victoria , demonym = , capital = Brisbane , largest_city = capital , coordinates = , admin_center_type = Administration , admin_center = 77 local government areas , leader_title1 = Monarch , leader_name1 = Charles III , leader_title2 = Governor , leader_name2 = Jeannette Young , leader_title3 = Premier , leader_name3 = Annastacia Palaszczuk ( ALP) , legislature = Parliament of Queensland , judiciary = Supreme Court of Queensland , national_representation = Parliament of Australia , national_representation_type ...
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Envestra
Australian Gas Networks Limited, formerly Envestra Limited, is an Australian energy company that operates natural gas transmission pipelines and distribution networks in South Australia, Victoria, Queensland, New South Wales, and the Northern Territory. The company owns distribution systems in a number of towns and metropolitan areas including Adelaide, Brisbane, Melbourne, Rockhampton, Albury, Alice Springs, Bundaberg and Whyalla. It outsources the operation and management of the assets to the APA Group. In October 1993, Boral acquired from the South Australian government SAGASCO, its vertically integrated natural gas monopoly. Boral combined SAGASCO's distribution network with businesses it owned in Queensland to form Envestra, which was floated in early 1997. In March 1999, Envestra acquired part of the former Gas and Fuel Corporation's distribution network in Victoria, known as the Stratus distribution network, and renamed it Envestra (Vic). In 2013, APA Group announced an a ...
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Powercor
Powercor Australia is an Australian electricity distribution company that operates throughout western Victoria, and the western suburbs of Melbourne. The company owns and maintains power lines, substations and street lights and also manages the largest electricity distribution network in Victoria. Powercor is 51% owned by the Cheung Kong Holdings and 49% by Spark Infrastructure which also own Citipower, which maintains the city of Melbourne's CBD network, and SA Power Networks, which maintains the South Australian network. Network statistics As of September 2011: * Total line length: 84,026 km * Area covered: 150,000 km2 * Customers: 730,273 * Zone substations 70 * Zone substation transformers (66 kV to 22 kV): 137 * Distribution Ttransformers (22 kV to 240 V): 81,553 * Poles: 535,941 * 31,865 customers supplied via single-wire earth return Single-wire earth return (SWER) or single-wire ground return is a single-wire transmission line which supplies single-phase ...
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CitiPower
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 nonpro ...
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Foreign Investment Review Board
The Australian Foreign Investment Review Board (FIRB), "examines proposals by foreign persons to invest in Australia and makes recommendations to the Treasurer on those subject to the Foreign Acquisitions and Takeovers Act 1975 and Australia's foreign investment policy. The FIRB is independent but is assisted by the executive to the treasury." Their functions include: *Evaluating foreign investment proposals *Pushing Australian equity participation Equity may refer to: Finance, accounting and ownership *Equity (finance), ownership of assets that have liabilities attached to them ** Stock, equity based on original contributions of cash or other value to a business ** Home equity, the diff ... in new investors who want to invest in Australia *Monitor foreign-controlled businesses in Australia *Review and approval of the purchase of property in Australia by non-residents *Liaise with state and local governments References Commonwealth Government agencies of Australia Inve ...
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Cheung Kong Infrastructure
CK Infrastructure Holdings Limited (CKI), is the largest publicly listed infrastructure company in Hong Kong with diversified investments in energy infrastructure, transportation Infrastructure, water Infrastructure and infrastructure related business, parented by CK Hutchison Holdings, businessman Li Ka Shing's flagship company. It is a leading player in the global infrastructure arena in Hong Kong, Mainland China, Australia, New Zealand, the United Kingdom, Continental Europe and North America. The chairman is Victor Li, the elder son of Li Ka Shing. CKI is currently a Hang Seng Index Constituent Stock ( bluechip). On 30 July 2010, CK Infrastructure, the former Hongkong Electric Holdings (subsequently renamed Power Assets Holdings Limited in February 2011) and the Li Ka Shing Foundation announced the acquisition of three UK electricity networks business from Électricité de France. On 20 January 2015, CK Infrastructure Holdings announced the acquisition of British company ...
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Western Australia
Western Australia (commonly abbreviated as WA) is a state of Australia occupying the western percent of the land area of Australia excluding external territories. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to the south, the Northern Territory to the north-east, and South Australia to the south-east. Western Australia is Australia's largest state, with a total land area of . It is the second-largest country subdivision in the world, surpassed only by Russia's Sakha Republic. the state has 2.76 million inhabitants  percent of the national total. The vast majority (92 percent) live in the south-west corner; 79 percent of the population lives in the Perth area, leaving the remainder of the state sparsely populated. The first Europeans to visit Western Australia belonged to the Dutch Dirk Hartog expedition, who visited the Western Australian coast in 1616. The first permanent European colony of Western Australia occurred following the ...
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Victoria (Australia)
Victoria is a state in southeastern Australia. It is the second-smallest state with a land area of , the second most populated state (after New South Wales) with a population of over 6.5 million, and the most densely populated state in Australia (28 per km2). Victoria is bordered by New South Wales to the north and South Australia to the west, and is bounded by the Bass Strait to the south (with the exception of a small land border with Tasmania located along Boundary Islet), the Great Australian Bight portion of the Southern Ocean to the southwest, and the Tasman Sea (a marginal sea of the South Pacific Ocean) to the southeast. The state encompasses a range of climates and geographical features from its temperate coastal and central regions to the Victorian Alps in the northeast and the semi-arid north-west. The majority of the Victorian population is concentrated in the central-south area surrounding Port Phillip Bay, and in particular within the metropolit ...
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