Endeavour Energy

Endeavour Energy is the operator of the electrical distribution network for Greater Western Sydney, the Blue Mountains, the Southern Highlands and the Illawarra region of NSW, Australia.[1]

Background

It was formed from the previously state-owned energy retailer/supplier, Integral Energy,[2] when the retail division of the company, along with the Integral Energy brand, was sold by the NSW Government in 2011 to Origin Energy.[3]

In June 2017, an Australian-led consortium of institutional investors acquired 50.4% ownership of the rights to management of Endeavour Energy's network assets under a 99-year lease.[4]

The consortium is led by Macquarie Infrastructure and Real Assets (MIRA), and includes AMP Capital, British Columbia Investment Management Corporation and Qatar Investment Authority.[5]

The NSW Government retains a 49.6% interest and continues to regulate safety and reliability.[1][6][7]

References

  1. Endeavour Energy - About us Endeavour Energy, retrieved 30 June 2017^
  2. Endeavour Energy - About us Endeavour Energy, retrieved 29 July 2012^
  3. Annual Performance Report 2010–11 Parliament of New South Wales, retrieved 2026-04-14^
  4. Endeavour Energy Cost Allocation Method Australian Energy Regulator, June 2017, retrieved 2026-04-14^
  5. Endeavour Energy leased to Advance Energy consortium for $7.6 billion Infrastructure Partnerships Australia, 2017-05-11, retrieved 2026-04-14^
  6. The Treasury - Past projects The Treasury NSW Government, retrieved 30 June 2017^
  7. AGY-6996. Electricity Retained Interest Corporation Research Data Australia, retrieved 2026-04-14^