Endeavour Energy
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Endeavour Energy is the operator of the electrical distribution network for
Greater Western Sydney Greater Western Sydney (GWS) is a large region of the metropolitan area of Greater Sydney, New South Wales (NSW), Australia that generally embraces the north-west, south-west, central-west, and far western sub-regions within Sydney's metropoli ...
, the Blue Mountains, the Southern Highlands and the
Illawarra The Illawarra is a coastal region in the Australian state of New South Wales, nestled between the mountains and the sea. It is situated immediately south of Sydney and north of the South Coast region. It encompasses the two cities of Wollongo ...
region of NSW, Australia.


Background

It was formed from the previously state-owned energy retailer/supplier,
Integral Energy Integral energy is the amount of energy required to remove water from soil with an initial water content \theta_i to water content of \theta_f (where \theta_i > \theta_f). It is calculated by integrating the water retention curve, soil water poten ...
, when the retail division of the company, along with the Integral Energy brand, was sold by the
NSW Government The Government of New South Wales, also known as the NSW Government, is the Australian state democratic administrative authority of New South Wales. It is currently held by a coalition of the Liberal Party and the National Party. The Governmen ...
in 2011 to
Origin Energy Origin Energy an ASX listed public company with headquarters in Sydney. It is a major integrated electricity generator, and electricity and natural gas retailer. It operates Australia’s largest coal-fired power station at Lake Macquarie, New ...
. In June 2017, an Australian-led consortium of institutional investors acquired 50.4% ownership of the rights to management of Endeavour Energy's network assets under a 99-year lease. The consortium is led by Macquarie Infrastructure and Real Assets (MIRA), and includes
AMP Capital AMP Capital is a large global investment manager headquartered in Sydney, Australia. Its owner, AMP Group, was established in 1849, and is one of Australia's largest retail and corporate pension providers. AMP Capital has a strategic alliance ...
, British Columbia Investment Management Corporation and
Qatar Investment Authority The Qatar Investment Authority (QIA; ar, جهاز قطر للإستثمار) is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In 2021 ...
. The NSW Government retains a 49.6% interest and continues to regulate safety and reliability.


References

Endeavour Network Map
Government-owned companies of New South Wales Electric power distribution network operators in Australia {{energy-company-stub