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Endeavour Energy

From Alfawiki
Endeavour Energy
Company typePublic-private partnership
IndustryElectricity distribution
PredecessorIntegral Energy
Founded2011
Headquarters
Sydney
,
Australia
Area served
Greater Western Sydney, Blue Mountains, Southern Highlands, Illawarra, New South Wales, Australia
OwnerConsortium led by Macquarie Infrastructure and Real Assets (50.4%), NSW Government (49.6%)
Websitewww.endeavourenergy.com.au

Endeavour Energy manages the electricity distribution system serving Greater Western Sydney, the Blue Mountains, Southern Highlands, and Illawarra areas within New South Wales, Australia.

Background

Originating from the former state-owned energy provider Integral Energy, Endeavour Energy was formed after the retail segment and brand of Integral Energy were divested to Origin Energy by the NSW Government in 2011.

In June 2017, a consortium spearheaded by Macquarie Infrastructure and Real Assets (MIRA), alongside AMP Capital, British Columbia Investment Management Corporation, and Qatar Investment Authority, secured a 50.4% ownership in the operational management of Endeavour Energy’s network assets through a lease agreement spanning 99 years. The NSW Government maintains a 49.6% shareholding and continues oversight of safety standards and network reliability.

External links