Country Energy
Parent Origin Energy | | |
| Website | www | |
|---|---|---|
Country Energy, an
History
On 1 July 2001 Country Energy was formed by the merger of New South Wales rural-based energy retailers, Great Southern Energy, Advance Energy and Northpower - all statutory owned by the Government of New South Wales.
In October 2010, Country Energy sold its natural gas network to Envestra Limited for A$108.6 million, which includes 65 kilometres (40 mi) of transmission and 1,160 kilometres (720 mi) of distribution pipelines.[5]
On 15 December 2010, the New South Wales Treasurer, Eric Roozendaal, announced that the retail division of Country Energy (including the Country Energy brand) was sold to Origin Energy as part of a A$3.25 billion deal.[6] As part of the sale of the retail business the electricity distribution division was separated from Country Energy and re-branded as Essential Energy on 1 March 2011.[2][7]
Operations
Country Energy has 870,000 customers, and annual revenues of
References
- ^ a b c d "Country Energy Financial Results for the Year ended 30 June 2008". Country Energy. 2008-10-14. Archived from the original (PDF) on 18 May 2008. Retrieved 2009-02-23.
- ^ a b "Information about the sale of Country Energy's retail business to Origin". Origin Energy. 2011. Archived from the original on 21 March 2011. Retrieved 26 February 2012.
- ^ NSW Auditor General, Great Southern Energy Archived 2008-07-28 at the Wayback Machine, 2001
- ^ Grant-Taylor, Tony (20 December 2001). "APT buys DirectLink line". The Courier-Mail. Retrieved 12 June 2011.
- ^ "Envestra buys Gas Networks". The Sydney Morning Herald. 26 October 2010. Retrieved 26 October 2010.
- ^ "Board members resign over power sell-off". The Sydney Morning Herald. 15 December 2010. Retrieved 17 December 2010.
- ^ Stevens, Rodney (1 March 2011). "Same company, different label". The Daily Examiner. Retrieved 1 March 2011.
External links
Media related to Country Energy at Wikimedia Commons