Jump to content

Endeavour Energy

From Wikipedia, the free encyclopedia

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

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]

Background

[edit]

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.[3]

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.[4]

The consortium is led by Macquarie Infrastructure and Real Assets (MIRA), and includes AMP Capital, British Columbia Investment Management Corporation and Qatar Investment Authority.[5]

The NSW Government retains a 49.6% interest and continues to regulate safety and reliability.[1][6][7]

References

[edit]
  1. 1 2 "Endeavour Energy - About us". Endeavour Energy. Retrieved 30 June 2017.
  2. ↑ "Endeavour Energy - About us". Endeavour Energy. Retrieved 29 July 2012.
  3. ↑ "Annual Performance Report 2010–11" (PDF). Parliament of New South Wales. ISSN 1834-0733. Retrieved 14 April 2026.
  4. ↑ "Endeavour Energy Cost Allocation Method" (PDF). Australian Energy Regulator. June 2017. Retrieved 14 April 2026.
  5. ↑ "Endeavour Energy leased to Advance Energy consortium for $7.6 billion". Infrastructure Partnerships Australia. 11 May 2017. Archived from the original on 14 April 2026. Retrieved 14 April 2026.
  6. ↑ "The Treasury - Past projects". The Treasury NSW Government. Retrieved 30 June 2017.
  7. ↑ "AGY-6996. Electricity Retained Interest Corporation". Research Data Australia. Retrieved 14 April 2026.
[edit]