Endeavour Energy

Endeavour Energy is the operator of the electrical distribution network for Greater Western Sydney, the Blue Mountains, the Southern Highlands and the Illawarra region of NSW, Australia.[1]

Endeavour Energy
TypePartnership (Australia)
IndustryElectricity
PredecessorIntegral Energy
Founded1 March 2011 (2011-03-01)
Headquarters,
Australia
Area served
Western Sydney, Blue Mountains, Southern Highlands and Illawarra areas of NSW
Endeavour Energy Network Map as per networkmap.com.au
ServicesElectricity distribution
OwnerPartnership between a consortium led by Macquarie Infrastructure and Real Assets with the NSW Government
Websitewww.endeavourenergy.com.au

Background

It was formed from the previously state-owned energy retailer/supplier, Integral Energy,[2] when the retail division of the company, along with the Integral Energy brand, was sold by the NSW Government in 2011 to Origin Energy.

On 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, British Columbia Investment Management Corporation and Qatar Investment Authority.

The NSW Government retains a 49.6% interest and continues to regulate safety and reliability.[3][4]

References

Endeavour Network Map

  1. "Endeavour Energy - About us". Endeavour Energy. Retrieved 30 June 2017.
  2. "Endeavour Energy - About us". Endeavour Energy. Retrieved 29 July 2012.
  3. "Endeavour Energy - About us". Endeavour Energy. Retrieved 30 June 2017.
  4. "The Treasury - Past projects". The Treasury NSW Government. Retrieved 30 June 2017.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.