SA Power Networks
| Company type | Partnership |
|---|---|
| Industry | Electricity distribution |
| Predecessor | Electricity Trust of South Australia |
| Founded | 1999 |
| Headquarters | Adelaide , Australia |
Area served | South Australia |
| Owner | Cheung Kong Infrastructure Holdings (51%), Spark Infrastructure (49%) |
| Parent | CKI Utilities Development Limited, PAI Utilities Development Limited, Spark Infrastructure entities |
| Website | www |
SA Power Networks serves as the leading electricity distributor throughout South Australia, managing the delivery of electricity sourced from high-voltage transmission systems operated by ElectraNet. This entity took over from the former Electricity Trust of South Australia.
Ownership
The company was established following the 1999 privatisation, which separated generation, transmission, distribution, and retail activities previously managed by the SA Government-owned Electricity Trust of South Australia. Ownership of the distribution business is divided with 51% held by Hong Kong-based Cheung Kong Infrastructure Holdings and 49% by Spark Infrastructure. It functions as a partnership that includes CKI Utilities Development Limited and PAI Utilities Development Limited, incorporated in the Bahamas, along with three entities incorporated in Australia under Spark Infrastructure.
Regulated electricity distribution
Holding a licence granted by the Government of South Australia, SA Power Networks is subject to oversight by both the Australian Energy Regulator and the Essential Services Commission of South Australia. Regulatory efforts concentrate on maintaining service quality and determining revenue allowances to achieve efficiency. Within the Australian National Electricity Market (NEM), it ranks as the fifth largest distributor.
Other business activities
Through its wholly owned subsidiary Enerven, SA Power Networks participates in the unregulated energy sector by providing infrastructure construction and maintenance services to government and industry clients.
The company has appointed former politician Nick Bolkus as a lobbyist in South Australia to advocate for its interests in regulatory and commercial matters.
See also
- Australian Energy Market Operator
- Electricity Trust of South Australia
- National Electricity Market
- Spark Infrastructure