Transgrid

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Transmission system operator in Australia

title: "Transgrid" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["electric-power-transmission-system-operators-in-australia", "former-government-owned-companies-of-new-south-wales", "companies-based-in-sydney", "caisse-de-dépôt-et-placement-du-québec-companies", "sovereign-wealth-fund-portfolio-companies", "government-owned-energy-companies-of-australia", "omers-companies"] description: "Transmission system operator in Australia" topic_path: "geography/australia" source: "https://en.wikipedia.org/wiki/Transgrid" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Transmission system operator in Australia ::

::data[format=table title="Infobox company"]

FieldValue
nameTransgrid
image_captionTransgrid network
predecessorElectricity Commission of New South Wales
foundation
defunct
location_citySydney
location_countryAustralia
area_servedNew South Wales, Australian Capital Territory
servicesElectric power transmission
owners{{ubl
homepage
::

| name = Transgrid | image = | image_caption = Transgrid network | type = | traded_as = | fate = | predecessor = Electricity Commission of New South Wales | successor = | foundation = | founder = | defunct = | location_city = Sydney | location_country = Australia | location = | locations = | area_served = New South Wales, Australian Capital Territory | key_people = | industry = | products = | services = Electric power transmission | revenue = | operating_income = | net_income = | assets = | equity = | owners = {{ubl|

History

Transgrid began as the trading name of the Electricity Transmission Authority which was established on 1 February 1995 as a statutory authority under the Electricity Transmission Authority Act 1994, as part of the break-up of the Electricity Commission of New South Wales. The Authority was corporatised in December 1998, by the Energy Services Corporations Amendment (Transgrid Corporatisation) Act 1998, and Transgrid became the actual name of the corporation.

In December 2015, a consortium called NSW Electricity Networks was the successful bidder for a 99-year lease of Transgrid's transmission network for $10.3 billion. The consortium consists of two Australian entities–Spark Infrastructure (15%), the Utilities Trust of Australia fund (20%)– together with the Canadian pension fund Caisse de depot et placement du Quebec (25%) and two Middle Eastern sovereign wealth funds–the Abu Dhabi Investment Authority (20%) and the Kuwait Investment Authority (20%). State Grid Corporation of China was one of the other bidders, in a consortium with Macquarie Infrastructure Real Assets. State Grid's bid was cleared by the Foreign Investment Review Board but was eventually unsuccessful, possibly because of its government and military connections.

In 2018, Transgrid was among 17 energy businesses that supported the launch of the Energy Charter, a global initiative aimed at bringing together all parts of the power supply chain to give customers more affordable and reliable energy.

In 2020, OMERS acquired a 19.99% stake in Transgrid from Wren House Infrastructure Management, which is part of the state-owned Kuwait Investment Authority.

As of 2022, the current owners are:

Network

Transgrid operates the major high voltage electricity transmission network in NSW and the ACT, and is part of the National Electricity Market (NEM). The network connects generators, distributors and major end users. Transgrid's network comprises 104 bulk supply substations and more than 13,133 kilometres of high voltage transmission lines and cables. The network operates primarily at voltage levels of 500 kV, 330 kV, 220 kV and 132 kV.

Transgrid's network also connects to 20 direct connect customers, including the four distribution businesses: Endeavour Energy, Ausgrid, Evoenergy, and Essential Energy.

Transgrid participates in the Australian Energy Regulator's (AER) revenue proposal process, where submissions of the transmission network service providers (TNSP), the AER and other interested parties are used to set the maximum allowable revenue (MAR) for the TNSPs for a five-year period.

Transgrid Telecommunications

With more than 15 years’ experience Transgrid Telecommunications manages an extensive fibre optic network covering in excess of 4000 km across NSW, the ACT and Victoria.

Transgrid's Telecommunications network is one of the largest optical fibre network in Australia, with the majority of the network's Optical Ground Wire (OPGW) strung above the electricity transmission network.

Key Executives

Source:

  • Brett Redman – Chief Executive Officer
  • Nadine Lennie – Chief Financial Officer
  • Craig Stallan - Executive General Manager - Lumea
  • Jennifer Hughes - Executive General Manager - Delivery
  • Jason Krstanoski – Executive General Manager - Network
  • Gordon Taylor – Executive General Manager - Major Projects
  • Maryanne Graham – Executive General Manager - Stakeholder, Regulatory and Corporate Affairs
  • Michael Drew – Executive General Manager - Corporate
  • Stephen McSweeney - Executive General Manager – People & Culture

References

References

  1. "Contact Us".
  2. "Transgrid". NSW Treasury.
  3. "Publication Guide Dec 20, 2010". Transgrid.
  4. "Welcoming our new owners".
  5. (25 November 2015). "$10.3 billion NSW power sale a good deal for the Baird government". Sydney Morning Herald.
  6. "The State Grid Corporation of China: Its Australian engagement and military links | Lowy Institute".
  7. "AGL, Energy Australia, Origin join charter to cut power prices".
  8. "Transgrid welcomes Omers to its ownership group".
  9. (2021-03-31). "Modern Slavery Statement".
  10. "Transgrid Telecommunications".
  11. "Leadership - Meet Our Directors & Executive Team".

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

electric-power-transmission-system-operators-in-australiaformer-government-owned-companies-of-new-south-walescompanies-based-in-sydneycaisse-de-dépôt-et-placement-du-québec-companiessovereign-wealth-fund-portfolio-companiesgovernment-owned-energy-companies-of-australiaomers-companies