
Alinta Energy
Vertically integrated energy company, providing generation, retail and wholesale supply of gas and electricity across Australia.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
* | AUD24.2m | Grant | |
Total Funding | 000k |
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Alinta Energy is a prominent Australian company involved in both the generation and retailing of electricity and natural gas. The company is a subsidiary of Chow Tai Fook Enterprises, a Hong Kong-based conglomerate, which acquired it for $4 billion.
Serving over one million residential and commercial customers across Australia, Alinta Energy has a significant presence in the energy market. Its operations extend across New South Wales, Victoria, Queensland, and South Australia. The company manages a substantial power generation portfolio, with an owned and contracted capacity of up to 3,000 megawatts. This portfolio includes a mix of energy sources, and the company is actively involved in the development of large-scale battery storage projects to support the transition to renewable energy.
Alinta Energy provides customers with digital tools to manage their energy consumption and billing. These include an online portal, MyAccount, and a mobile application, which allow users to track their energy usage, pay bills, and manage their account details. The company emphasizes providing reliable and affordable energy, with a focus on customer service and transparent pricing. Recent discussions in the market have pointed to a potential merger with EnergyAustralia, a move that would create a third major player in the Australian energy sector, alongside AGL and Origin Energy.
Keywords: electricity, gas, energy retailer, power generation, Australia, utility, energy management, battery storage, energy market, infrastructure