Spark Infrastructure
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| File:Spark Infrastructure Group logo.png | |
| Industry | Investment fund |
|---|---|
| Founded | 2005 |
| Headquarters | Sydney, Australia |
| Website | www.sparkinfrastructure.com |
Spark Infrastructure Group is an Australian investment fund which owns and manages a portfolio of electricity infrastructure assets.
Spark's principal investments are 49% stakes in both SA Power Networks and Victoria Power Networks;[1] as well as a 15% stake in the NSW Power Networks consortium given the concession for TransGrid, the high-voltage transmission system for New South Wales.[2]
History
[edit | edit source]The company debuted on the Australian Securities Exchange on 16 December 2005 with the stock symbol SKICA[3] representing an instalment receipt with a final instalment due in March 2007 when the instalment receipts were transferred for SKI shares.
In August 2021, a takeover bid from KKR, Ontario Teachers' Pension Plan and Public Sector Pension Investment Board was accepted by the board of directors. It was subject to shareholder approval.[4] The acquisition completed in December 2021 and its stock was delisted.[5]
References
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- ^ KKR-Led Group Inks $3.7 Billion Deal to Buy Australia’s Spark Bloomberg News 23 August 2021
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