Actew AGL - History

History

ActewAGL was formed in October 2000 when the Australian Gas Light Company (AGL) and ACTEW Corporation, an ACT Government-owned enterprise, entered into Australia's first utility joint venture.

Following October 2006 business dealings with AGL and Alinta, ownership of ActewAGL's retail arm was shared equally between AGL Energy and ACTEW Corporation and ownership of ActewAGL's distribution arm was shared equally between Alinta and ACTEW Corporation. Further changes to the distribution partnership occurred when a consortium including Singapore Power purchased Alinta in 2007. Alinta changed its name in 2008 to Jemena. The distribution partnership is now owned equally by Jemena and ACTEW Corporation.

In February 2004, ActewAGL entered into a management agreement with TransACT Capital Communications Pty Ltd. This means that ActewAGL now manages the day-to-day operations of TransACT. The TransACT network provides access to full telecommunication services.

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