AusNet Pty Ltd - Company Profile
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Business Description
AusNet Pty Ltd (AusNet), a subsidiary of Brookfield Asset Management, is an energy transmission and distribution company, which owns and manages electricity transmission network and supplies natural gas to residential and business customers. It also offers telecommunication and advanced energy management solutions and commercial energy services which include unregulated infrastructure, specialist metering, and asset intelligence for utilities, infrastructure and rail companies.
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Business Segments
Overview
- Distributes electricity from the high voltage transmission network to end users, including metering. - It charges large customers and retailers with regulated rates for the use of the electricity distribution network. Serves customers across eastern Victoria and eastern Melbourne. - In FY2022, its capital expenditure stood at AUD447.2 million, which grew 10.2% YoY.
Performance
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Overview
- Owns and manages electricity transmission network in Victoria. - The network includes transmission lines and towers that carry high-voltage electricity from power generators to electricity distributors in Victoria. - It charges distribution network service providers, Australian Energy Market Operator (AEMO), and electricity generators for connections and electricity transmission network. - In FY2022, its capital expenditure stood at AUD120.6 million, which declined 20.0% YoY.
Performance
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Overview
- Distributes natural gas to commercial and residential customers, including metering. - It charges large customers and retailers with regulated rates for the use of the gas distribution network. Major serving areas include central and western Victoria. - In FY2022, its capital expenditure stood at AUD113.0 million, which grew 12.8% YoY.
Performance
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Overview
- Provides contracted infrastructure asset and energy services to support the management of electricity, gas and water networks. - provides various asset and utility services to customers under the Mondo brand. - Includes customer-initiated excluded prescribed and negotiated transmission contracts as well as the network innovation functions. - In FY2022, its capital expenditure stood at AUD138.4 million, which grew 27.6% YoY.
Performance
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