Spark Infrastructure Group is an Australian

investment fund An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages inc ...

which owns and manages a portfolio of electricity infrastructure assets. Spark's principal investments are 49% stakes in both

SA Power Networks SA Power Networks is the sole electricity distributor in the state of South Australia, delivering electricity from high voltage transmission network connection points operated by ElectraNet. It is the successor to the Electricity Trust of Sou ...

and Victoria Power Networks; as well as a 15% stake in the NSW Power Networks consortium given the concession for

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 ...

, the high-voltage transmission system for

New South Wales ) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , es ...

History

The company debuted on the

Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...

on 16 December 2005 with the

stock symbol A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. In short, ticker symbols are arrangements of symbols or characters (generally Latin letters or ...

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 The Ontario Teachers' Pension Plan Board (french: Régime de retraite des enseignantes et des enseignants de l'Ontario) is an independent organization responsible for administering defined-benefit pensions for school teachers of the Canadian pr ...

and

Public Sector Pension Investment Board The Public Sector Pension Investment Board (PSP Investments) is a Canadian Crown corporation established by an act of Parliament in September 1999. PSP Investments is one of Canada's largest pension investment managers, with CAD $204.5 billion of n ...

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 nonprofit organization such as a business, nonprofit organiz ...

. It was subject to shareholder approval. The acquisition completed in December 2021 and its stock was delisted.

References

{{Reflist Electric power companies of Australia Companies formerly listed on the Australian Securities Exchange Australian companies established in 2005 Companies based in Sydney Investment companies of Australia 2021 mergers and acquisitions