July 23, 2014 5:26 PM ET

Electric Utilities

Company Overview of SA Power Networks

Company Overview

SA Power Networks, together with its subsidiaries, operates as a power distribution network in South Australia. The company is involved in delivering electricity from the high voltage network through poles and wires to customers’ property or business; installing, maintaining, and reading meters; providing an emergency response in the event of blackouts; and repairing street lighting. It also provides electrical infrastructure project management, construction, and maintenance services for other businesses and government. In addition, the company offers various lighting related services, including lighting assets, repairs and maintenance, and connection to the electricity distribution networks...

1 Anzac Highway

Keswick, SA 5035

Australia

Founded in 1946

Phone:

61 8 8404 5667

Key Executives for SA Power Networks

Chief Executive Officer
Age: 57
Chief Financial Officer
Group Managing Director and Director
Age: 68
Deputy Managing Director and Director
Managing Director
Compensation as of Fiscal Year 2014.

SA Power Networks Key Developments

SA Power Networks Announces Audited Earnings Results for the Year Ended December 31, 2013

SA Power Networks announced audited earnings results for the year ended December 31, 2013. For the year, total revenue was AUD 1,132,737,000, EBITDA was AUD 820,459,000 and EBITDA (excl. customer contributions & gifted assets) was AUD 710,157,000 against total revenue of AUD 1,109,197,000, EBITDA of AUD 807,678,000 and EBITDA (excl. customer contributions & gifted assets) of AUD 693,313,000 a year ago. Net debt was AUD 2,809 million as on December 31, 2013.

SA Power Networks Announces Earnings Results for the Six Months Ended June 30, 2013

SA Power Networks announced earnings results for the six months ended June 30, 2013. For the period, the company reported total revenues of AUD 551.249 million compared with AUD 552.534 million for the same period a year ago. EBITDA was AUD 401.034 million compared with AUD 411.513 million for the same period a year ago. EBITDA (excluding customer contributions & gifted assets) was AUD 357.509 million compared with AUD 350.806 million for the same period a year ago. Total revenue (ex customer contributions) was AUD 507.7 million compared with AUD 491.8 million for the same period a year ago. EBITDA (ex customer contributions) was AUD 357.5 million compared with AUD 350.8 million for the same period a year ago. EBITDA was AUD 401.0 million against AUD 411.5 million for the same period a year ago. Total capex (net) was AUD 183.2 million compared with AUD 153.2 million for the same period a year ago.

SA Power Networks Signs Initial Three-Year Contract with National Broadband Network Company

Spark Infrastructure reported that SA Power Networks has signed an initial three-year contract with the National Broadband Network Company as a Tier 1 supplier of design and construction services for the continuing rollout of the National Broadband Network Company in South Australia. The work will be conducted by the construction and maintenance services (CaMS) division of SA Power Networks and includes construction of overhead and underground cabling portions of the local and distribution network for National Broadband Network Company. The construction of these local distribution services will pave the way for connection of around 300,000 South Australians to National Broadband Network Company.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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