AusNet Services Ltd (AusNet) is a diversified energy network company, which owns and manages electricity transmission network in Victoria. It provides various energy and infrastructure products and services to government, business, communities, and households. The company also owns and operates electricity distribution network in Melbourne's north and east, and in eastern and northeastern Victoria. AusNet supplies natural gas to residential and commercial customers, including metering. The company’s services include metering, asset intelligence, telecommunication solutions and advanced energy management solutions for communities’ energy hubs and solar mini-grids. AusNet is headquartered in Melbourne, Victoria, Australia.
Headquarters
Australia
Address
L 31 2 Southbank Bvd, Victoria, 3006
Website
www.ausnetservices.com.au
Telephone
61 3 00360795
No of Employees
1,500
Industry
Power
Revenue (2021)
$1.3B
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Products and Services
| Services |
|---|
| Electricity Transmission |
| Gas Distribution |
| Electricity Distribution |
| XXX |
| XXX |
| XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2021 | Contracts/Agreements | In November, the company announced a community partnership with Foodbank Victoria to provide an essential service to the people of Victoria. |
| 2022 | Ownership Changes | In February, the company was acquired by Brookfield Asset Management, Alberta Investment Management, IMCO, Healthcare of Ontario Pension Plan, Public Sector Pension Investment Board and Sunsuper Superannuation Fund. |
| 2021 | New Products/Services | In May, the company installed Gippsland’s first community battery in Mallacoota town to have a grid-connected energy storage system included in its local network. |
Competitor Comparison
| Key Parameters | AusNet Services Ltd | Origin Energy Ltd | AGL Energy Ltd | Ausgrid | Western Power Corp |
|---|---|---|---|---|---|
| Headquarters | Australia | Australia | Australia | Australia | Australia |
| City | Southbank | Barangaroo | Melbourne | Sydney | Perth |
| State/Province | Victoria | New South Wales | Victoria | New South Wales | Western Australia |
| No. of Employees | 1,500 | 5,000 | 4,186 | - | 2,750 |
| Entity Type | Private | Public | Public | Private | Government |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peter Mason AM | Chairman | Executive Board | 2016 | - |
| Mark Ellul | Chief Financial Officer | Senior Management | 2019 | - |
| Tony Narvaez | Managing Director | Executive Board | 2019 | - |
| Prue Crawford-Flett | Executive General Manager - Network Operations | Senior Management | 2021 | - |
| Adrian Hill | Acting Executive General Manager, Regulation & External Affairs | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
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