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AusNet Services Ltd (AST.AX)

ASX - ASX Delayed price. Currency in AUD
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1.8000+0.0300 (+1.69%)
At close: 4:10PM AEST

AusNet Services Ltd

2 Southbank Boulevard
Level 31
Southbank, VIC 3006
Australia
61 3 9695 6000
http://www.ausnetservices.com.au

Sector(s)Utilities
IndustryUtilities—Diversified
Full-time employees1,500

Key executives

NameTitlePayExercisedYear born
Mr. Tony NarvaezMD & Director1.27MN/AN/A
Mr. Mark EllulChief Financial Officer403.12kN/AN/A
Mr. Chad HymasExec. Gen. Mang. of Mondo832.23kN/AN/A
Mr. Alistair ParkerExec. Gen. Mang. of Regulated Energy Services762.53kN/AN/A
Mr. John NicolopoulosHead of Tax & Investor RelationsN/AN/AN/A
Ms. Naomi KellyExec. Gen. Mang. of Governance & Gen. Counsel and Company Sec.N/AN/AN/A
Ms. Jo McConnellExec. Gen. Mang. of People & SafetyN/AN/AN/A
Mr. Keith HopkinsChief Digital OfficerN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

AusNet Services Ltd owns and operates an electricity transmission network in Australia. It operates through Electricity Distribution, Gas Distribution, Electricity Transmission, and Growth & Future Networks segments. The Electricity Distribution segment carries electricity from the high voltage transmission network to end users, including metering. The Gas Distribution segment carries natural gas to commercial and residential end users, including metering in central and western Victoria. The Electricity Transmission segment owns and manages an electricity transmission network, including transmission lines and towers, which carry electricity at high voltages from power generators to electricity distributors in Victoria. The Growth & Future Networks segment provides contracted infrastructure asset and energy services, as well as a range of asset and utility services to support the management of electricity, gas, and water networks. The company operates through an electricity transmission network of approximately 6,852 kilometers of high voltage transmission powerlines, 61 terminal stations, and 13,161 transmission towers; electricity distribution network of approximately 768,460 customers, 77 zone substations, 412,402 distribution poles, and approximately 53,990 kilometer of distribution lines. It also operates a gas distribution network of 752,882 customers and 12,384 kilometers of underground gas pipelines. The company was formerly known as SP AusNet Ltd. and changed its name to AusNet Services Ltd in August 2014. AusNet Services Ltd was incorporated in 2014 and is headquartered in Southbank, Australia.

Corporate governance

AusNet Services Ltd’s ISS governance QualityScore as of 30 April 2021 is 6. The pillar scores are Audit: 5; Board: 8; Shareholder rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.