Endeavour Energy
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| Company type | Partnership |
|---|---|
| Industry | Electricity |
| Predecessor | Integral Energy |
| Founded | 1 March 2011 |
| Headquarters | , Australia |
Area served | Western Sydney, Blue Mountains, Southern Highlands and Illawarra areas of New South Wales |
| Services | Electricity distribution |
| Owner | Partnership between a consortium led by Macquarie Infrastructure and Real Assets with the NSW Government |
| Website | www |
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 | edit source]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.
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.
The consortium is led by Macquarie Infrastructure and Real Assets (MIRA), and includes AMP Capital, British Columbia Investment Management Corporation and Qatar Investment Authority.
The NSW Government retains a 49.6% interest and continues to regulate safety and reliability.[3][4]
References
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External links
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