Endeavour Energy (NSW)
Endeavour Energy is a safety focused and customer-centred business. Our people take great pride in being of service to our communities by efficiently distributing electricity to our customers in a way that is safe, reliable and sustainable. We manage a $6.2 billion electricity distribution network serving 955,000 customers, or 2.4 million people, living and working across 24,800 square kilometres in Sydney�s Greater West, the Blue Mountains, the Southern Highlands, Illawarra and the South Coast of NSW. Our network powers Australia�s third largest economy, and includes Sydney�s North West and South West Priority Growth Centres, established in 2005 to house 500,000 new residents over 30 years in suburbs similar in size to Wollongong and Canberra. The region is also home to Sydney�s proposed second airport. We�re owned by an Australian-led consortium of institutional investors with world class experience in investing and managing regulated utilities across the globe. The consortium has a clear objective to create long-term value by efficiently investing in Endeavour Energy�s assets to improve safety and customer outcomes. The consortium acquired 50.4% ownership of the rights to manage Endeavour Energy�s network assets under a 99 year lease in June 2017. It�s led by Macquarie Infrastructure and Real Assets (MIRA), and includes AMP Capital, British Columbia Investment Management Corporation and Qatar Investment Authority. The NSW Government retains a 49.6% interest and continues to licence safety and reliability.