WestNet Energy
WestNet Energy is a market-leading operation and maintenance business and provides effective and efficient asset management, project management, and operations and maintenance services to asset owners in the infrastructure sector in Western Australia. Its long term clients include AGN and DBNGP with additional maintenance service contracts with third parties.
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Description |
Full service energy infrastructure services provider including operations and maintenance, engineering and design and procurement, and project and contractor management. |
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Asset Class |
Energy Transmission & Distribution |
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Location |
Western Australia, Australia |
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Acquired |
August 2007 |
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BBI % Ownership |
51% shareholding in the legal entity Alinta Asset Management Pty Ltd (AAM).
100% economic interest in the WestNet Energy division of AAM. |
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Regulatory Environment |
Not covered by a regulatory regime, however, as an asset manager, WestNet Energy operates within all regulatory frameworks imposing obligations on assets managed. |
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Customer Base |
Earnings underpinned by the Operating Services Agreements with AGN and DBNGP, with a limited number of third party project management, construction and operations and maintenance contracts. |
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Revenue Assurance |
Long term operating services agreements |
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Key Drivers |
Ongoing contracts with existing customers and participating in new large scale transmission project management opportunities. | |
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