AUSNET SERVICES LTD (AZI) AUD 1.57
+0.00% +0.00
Dividend Yield(TTM) =
0.00%
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AusNet Services engages in the electricity distribution and transmission, and gas distribution businesses in Australia. The company operates in Electricity Distribution, Gas Distribution, Electricity Transmission, and Select Solutions segments. It is involved in the distribution of electricity to approximately 679,000 consumer connection points over 80,000 square kilometers in Eastern Victoria, including outer Eastern suburbs of Melbourne. The company also distributes natural gas to approximately 647,000 consumer connection points over 60,000 square kilometers in Central and Western Victoria comprising Melbournes Western suburbs. In addition, it engages in the transmission of electricity from power stations to electricity distributors through its high voltage towers and transmission lines in Victoria. Further, the company provides utility related metering, data, and asset management services to businesses operating in the infrastructure sector, such as electricity, water, and gas utility owners, as well as telecommunications companies. The company was formerly known as SP AusNet and changed its name to AusNet Services in July 2014. AusNet Services is headquartered in Southbank, Australia.