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AusNet Services (previously SP AusNet)

Posted on October 11, 2020October 11, 2020

AusNet Services (previously SP AusNet) is an Australian energy company, which is listed on the Australian Securities Exchange (ASX) and the Singapore Exchange (SGX). AusNet Services is currently owned 31.1% by Singapore Power, 19.9% by State Grid Corporation of China and the other 49% is publicly owned.

 Singapore Power is wholly owned by Singapore investment fund Temasek which in turn is wholly owned by the Singapore government. State Grid is the state-owned electric utility monopoly of China and the largest utility company in the world.

Traded as:           ASX: AST SGX: X04

Industry:              Energy

Predecessor:     State Electricity Commission of Victoria

Headquarters:   Melbourne, Australia

Products:             Electricity transmission and distribution; gas distribution

Owner:

  • TXU Corporation (1994?-2004)
  • Singapore Power (51%) (2005-2013)
  • Singapore Power (31.1%), State Grid Corporation of China (19.9%) (2013-present)
  • Parent  TXU Corporation (1994?-2004)
  • Singapore Power (in-name) (2004-2013)

Website:              https://www.ausnetservices.com.au/

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