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Endeavour Energy
From Wikipedia, the free encyclopedia
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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]
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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.
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, 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]
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References
External links
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