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| Company type | Private |
|---|---|
| Industry | Energy |
| Predecessor | Electricity Trust of South Australia (ETSA) |
| Founded | 1999 |
| Headquarters | , Australia |
Area served | South Australia |
Key people | Peter Tulloch (chairman) |
| Products | Electricity distribution |
| Owner | Cheung Kong Infrastructure Holdings[1] (51%) Spark Infrastructure (49%) |
| Website | Official website |
SA Power Networks is the principalelectricity distributor in the state ofSouth Australia, delivering electricity from high voltage transmission network connection points operated byElectraNet. It is the successor to theElectricity Trust of South Australia.
SA Power Networks arose from the split up of the generation, transmission, distribution and retail responsibilities of the former SA Government-ownedElectricity Trust of South Australia and its subsequent privatisation in 1999. The distribution business is owned by the Hong Kong–basedCheung Kong Infrastructure Holdings[1] (51%), andSpark Infrastructure (49%). SA Power Networks is structured as a partnership of CKI Utilities Development Limited,[2] PAI Utilities Development Limited, each incorporated in the Bahamas; and Spark Infrastructure SA (No. 1) Pty Ltd,Spark Infrastructure SA (No. 2) Pty Ltd, andSpark Infrastructure SA (No. 3) Pty Ltd, each incorporated in Australia.
SA Power Networks operates its electricity distribution business under a licence granted by theGovernment of South Australia.
The business is subject to regulation by theAustralian Energy Regulator andEssential Services Commission of South Australia. Regulation of the business primarily relates to establishing service standards and setting the revenue required to meet those standards cost efficiently.
SA Power Networks is the fifth largest electricity distributor in the AustralianNational Electricity Market (NEM).[when?]
SA Power Networks also competes in the un-regulated energy market through its wholly owned business Enerven, which provides infrastructure construction and maintenance services to industry and government.
SA Power Networks has employed former politicianNick Bolkus as its lobbyist in South Australia.[3]