Alinta Energy Group (AEJ)

Shares / Stock Code

AEJ

Stock Exchange / Sharemarket

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Alinta Energy Group (AEJ) is a collection of power generation assets. AEJ holds a portfolio of generators, which vary by fuel type and geography. The portfolio also incorporates assets that represent the three generator types: peak, intermediate and base load generation. AEJ was listed on the Australian stock market as BBP in 11 December, 2006

BNB has been involved in power stations in Australia since 1997 through ownership and co-development projects. BNB has co-developed the Oakey, Redbank and Braemar assets. It acquired the Ecogen assets in 2003. BBP was formed in 2005 to hold BNB's investment in Kwinana. BNB acquired Flinders in 2006. BBP listed on the ASX on 11 December 2006 and changed its name to Alinta Energy (AEJ) in late 2009.

AEJ is the only listed, pure-play electricity generation portfolio available on the ASX. Major customers are electricity distributors and traders like EnergyAustralia and Enertrade. Competitors are other electricity generators on the national grid. These include the likes of the Snowy Hydro scheme to the wind farms in Tasmania.

The company's aim is to grow returns to its securityholders through optimisation of its existing power generation business and the addition of further generation assets and associated businesses via a combination of new construction and strategic acquisitions.

The portfolio has interests in 12 operating power stations representing approximately 3,000MW of installed generation capacity. In Western Australia, Alinta Energy also operates the largest integrated private gas and electricity retailer with over 580,000 customers.

Alinta Energy Group (AEJ) Products and Services

  • Integrated energy company, operating power generation businesses as well as providing gas and electricity to commercial, industrial and retail customers across Australia

Alinta Energy Group (AEJ) Locations and Subsidiaries

Alinta Energy Group Head Office
Level 7,, 50 Pitt Street,
SYDNEY, NSW, AUSTRALIA, 2000
Phone: (02) 9229 1800
Fax: (02) 9372 2610

Alinta Energy Group (AEJ) Share Price

Submitted by ASX Listed Company on 6 July, 2010 - 23:03