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Questions remain after Ausgrid sold to 'all-Australian' bidders
Publisher
Electricity
Power resources
Infrastructure
Electricity distribution networks
Superannuation
New South Wales
Description
One of Australia's biggest power distribution networks, Ausgrid, has been sold after a contentious process that revived debates about foreign ownership. Australian companies IFM Investors and AustralianSuper are the new owners of 50% of the power network.
Chief executive of IFM Investors, Brett Himbury, says the IFM/AustralianSuper bid is a fantastic outcome for superannuants and NSW.
Publication Details
Copyright:
Australian Broadcasting Corporation 2016
Access Rights Type:
open
Post date:
21 Oct 2016
