AusNet Services (ASX:AST)
Ausnet Services owns and operates the Victorian electricity transmission network, one of five electricity distribution networks, and one of three gas distribution networks in Victoria.
As well as the network businesses, its Commercial Energy Services group provides a range of energy and infrastructure products and services to business, government, communities, and households.
These services include metering, asset intelligence, and telecommunication solutions, as well as advanced energy management solutions enabling community energy hubs and solar mini grids.
AusNet Services is 31.1% owned by Singapore Power, 19.9% owned by State Grid of China and 49% publicly owned.
The Company operates its three networks in a regulated environment meaning the Australian Energy Regulator (AER) sets the price movements for the electricity and gas networks once every five years by reviewing proposals submitted by electricity and gas businesses across Australia.