July 25, 2014 12:06 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Snowy Hydro Ltd.

Company Overview

Snowy Hydro Limited is engaged in the generation and marketing of renewable electrical energy, ancillary services, and related electricity products in Australia. It owns, manages, and maintains the Snowy Mountains Scheme, a 3950 megawatts (MW) hydro electric power generation project, which consists of 9 power stations and 16 dams located in the Australia's Southern Alps, as well as owns and operates 2 gas-fired power stations in Victoria, including a 320 MW power station at Laverton North and a 300 MW power station located in the Latrobe Valley. The company is also involved in the storage and diversion of bulk water to the Murray and Murrumbidgee Rivers, as well as retail of electricity and ...

Monaro Highway

Cooma, NSW 2630

Australia

Phone:

61 2 6453 2888

Fax:

61 2 6452 3794

Key Executives for Snowy Hydro Ltd.

Chief Executive Officer
Company Secretary
Compensation as of Fiscal Year 2014.

Snowy Hydro Ltd. Key Developments

Productivity Commission To Privatize Snowy, Australian Rail And Airservices

The Productivity Commission is encouraging the active consideration of the sale of Snowy Hydro Ltd., Australian Rail Track Corporation Ltd. and Airservices Australia. It has also strongly endorsed the privatization of state-owned electricity assets and ports.

Snowy Hydro Ltd. Appoints Paul Broad as Managing Director and Chief Executive Officer

iiNet Limited announced that Mr. Paul Broad resigned as Non-Executive Director at Annual General Meeting and Mr. Simon Hackett will resign as Non-Executive Director, effective November 27, 2013. Mr. Broad has advised that resigning from the iiNet Board was a requirement of his appointment as Managing Director and Chief Executive Officer of Snowy Hydro Limited to allow him to focus on that role.

NSW Could Fetch $3.3 Billion From Snowy Hydro's Sale

New South Wales (State of) (NSW) market value of 58% stake in Snowy Hydro Ltd. is estimated to be $3.3 billion as at June 30, 2012, a report by NSW Auditor-General Peter Achterstraat revealed. Federal agency Infrastructure Australia said that Snowy Hydro will be sold by NSW to raise funds. However, NSW says it has no plans to sell Snowy Hydro.

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Recent Private Companies Transactions

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