Company Overview of TransGrid
TransGrid owns, operates, and manages high voltage electricity transmission network that connects generators, distributors, and end users in New South Wales and the Australian Capital Territory. Its network consists of approximately 12,900 kilometers of high voltage overhead transmission line and 82 kilometers of underground cable operating at voltages of up to 330kV; 99 substations and switching stations; 37,241 transmission structures; and 6 interconnectors to Victoria and Queensland’s transmission network. The company also owns and operates telecommunication network, which includes 2,300 kilometers of optical fiber network and 123 radio towers. TransGrid was founded in 1950 and is headqua...
180 Thomas Street
Sydney, NSW 1235
Founded in 1950
Key Executives for TransGrid
Acting Chief Executive Officer
General Counsel and Company Secretary
Executive General Manager of Business Growth and Revenue
Executive General Manager of Project Services
Compensation as of Fiscal Year 2015.
TransGrid Key Developments
TransGrid Announces Executive Changes
Mar 8 16
Spark Infrastructure announced the appointment of Mr. Paul Italiano as the new Chief Executive Officer (CEO) of TransGrid. Mr. Italiano will take up his position mid-year and replaces Mr. Peter McIntyre who has led the organisation since 2010. In the interim, Mr. Ian Stirling will act as CEO. Mr. Stirling was a key advisor to NSWEN in the bid process and is very familiar with the TransGrid business. Mr. Stirling is most notably known for his successes as CEO over a 12-year period with the South Australian electricity transmission business ElectraNet.
State Grid And Macquarie Reportedly Set To Bid For TransGrid
Nov 23 15
State Grid Corporation of China is poised to make a knockout bid in partnership with infrastructure arm of Macquarie Group Limited (ASX:MQG) for TransGrid and is known to be funding its bid with 80% debt. State Grid and Macquarie are among the four final parties competing for the asset that is expected to sell for more than $8 billion.
NSW Government Reportedly To Receive Binding Offer For TransGrid From CPPIB
Nov 19 15
Canada Pension Plan Investment Board is partnering with AustralianSuper Pty Ltd to make a bid for TransGrid. The final bids for Transgrid are due on Monday, November 23, 2015, reported Australian Financial Review.
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