Hydro-Electric Corp - Company Profile
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Hydro-Electric Corp (Hydro Tasmania) is a state owned integrated energy utility. It generates electricity and supplies that on a wholesale and retail basis. The company produces electric energy using hydro, gas, diesel, wind and solar sources. Hydro Tasmania also retails gas to business and residential customers across the country. It provides consulting services to customers in water and energy sectors; and manages hydropower system across Tasmania. The company serves retail customers in South Australia, New South Wales, Victorian and Queensland and the Bass Strait islands. Hydro Tasmania is headquartered in Hobart, Tasmania, Australia.
Headquarters
Australia
Address
4 Elizabeth Street, Hobart, Tasmania, 7000
Website
www.hydro.com.au
Telephone
61 3 62402898
No of Employees
1,300
Industry
Alternative Energy
Revenue (2023)
$1.0B
Hydro-Electric Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Electricity Retailing |
| Electricity | Consulting |
| Water and Environmental Compliance Services | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In June, the company signed a term sheet with Bell Bay Powerfuels for the sale of the decommissioned Bell Bay Power Station in northern Tasmania. |
| 2021 | Contracts/Agreements | In December, the company and TGP reached an agreement on gas transportation |
| 2020 | Contracts/Agreements | In June, the company and Venture Minerals entered into a road access agreement under which Venture Minerals has secured transport route by bitumen from the mine gate to the port of Burine. |
Competitor Comparison
| Key Parameters | Hydro-Electric Corp | AGL Energy Ltd | Snowy Hydro Ltd | CS Energy Ltd | Origin Energy Tasmania Pty Limited |
|---|---|---|---|---|---|
| Headquarters | Australia | Australia | Australia | Australia | Australia |
| City | Hobart | Melbourne | Cooma | Fortitude Valley | Sydney |
| State/Province | Tasmania | Victoria | New South Wales | Queensland | New South Wales |
| No. of Employees | 1,300 | 3,881 | 1,726 | 250 | - |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ian Brooksbank | Chief Executive Officer | Senior Management | 2022 | - |
| Richard Bolt | Chairman | Executive Board | 2023 | - |
| Tim Peters | Executive General Manager - Finance & Strategy | Senior Management | - | - |
| Jesse Clark | Executive General Manager - Assets and Infrastructure | Senior Management | - | - |
| Ruth Groom | Executive General Manager - People, Culture and Engagement | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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