August 22, 2014 10:22 AM ET

Electric Utilities

Company Overview of Energex Limited

Company Overview

Energex Limited owns and manages energy distribution networks in Australia. It offers distribution services to domestic and business connections. Energex Limited was formerly known as South East Queensland Electricity Board and changed its name to Energex Limited in 1997. The company was founded in 1922 and is based in Newstead, Australia.

26 Reddacliff Street

Newstead, QLD 4006

Australia

Founded in 1922

Phone:

61 7 3664 4000

Fax:

61 7 3025 8301

Key Executives for Energex Limited

Executive General Manager of Finance
Chief Executive Officer of Sparq Solutions
Director of Corporate Governance and Company Secretary
Company Secretary and Secretariat & Governance Manager
Executive General Manager of Procurement
Compensation as of Fiscal Year 2014.

Energex Limited Key Developments

Energex Limited Wins Contract from Australian Federal Police for Provision of Communications Site Licence

Australian Federal Police has awarded a contract to Energex Limited for Provision of communications site licence. The value of the contract is AUD 51,742.13. The contract period is from January 1, 2012 to December 31, 2015.

Government Advertises For Asset Sale Advisors

The Queensland government has called for expressions of interest from advisers to assist with the privatization of state assets. Tim Nicholls said the government is sticking by its promise not to move forward with its $33 billion state sell-off without a mandate from voters. The state’s generating companies, CS Energy Ltd, Stanwell Corporation Limited, Gladstone Ports Corporation Limited, Port of Townsville Limited and the incomplete Mount Isa to Townsville freight rail line have all been earmarked for potential sale. Ergon Energy Queensland Pty Ltd.'s Ian McLeod and Terry Effeney of Energex Limited have already prepared staff for the advertisements, both sending emails to employees pre-empting the move “to ensure that future transactions are completed in a timely manner, should the government receive a mandate from the Queensland people and decide to proceed.” “This process is about the government getting the best advisory services on board to undertake preliminary due diligence activities to ensure that transactions are completed in an optimal way”, Effeney wrote.

Energex Limited Announces Upgrade to Local Electricity Supplies in Tewantin

Energex Limited announced that more than 8,000 homes and businesses in Tewantin will benefit from a recently completed $2.6 million upgrade to local electricity supplies. Work included installation of a new underground cable from the Tewantin Substation, Eumundi Road, Noosaville, to George Street, Tewantin. Additional electrical reliability equipment and replacement of overhead powerlines also occurred along McKinnon Drive, Tewantin.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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