Envestra

Envestra Limited is one of Australia's largest natural gas distribution companies.

Envestra owns about 21,000 kilometres of natural gas distribution networks and 1,000 kilometres of transmission pipelines, serving over one million consumers in South Australia, Victoria, Queensland, New South Wales and the Northern Territory.

The Company generates its revenue by charging retailers to transport natural gas through these networks.

The name, Envestra, is derived from energy, investment, infrastructure and Australasia - words that embody the Company's assets and strategic focus.

Envestra was listed on the Australian Stock Exchange in August 1997, but its origins date back almost 150 years to the gas distribution networks of the former South Australian and Brisbane Gas Companies, and the Gas and Fuel Corporation of Victoria.

 The South Australian and Brisbane Gas Companies, which started operating in 1861 and 1864 respectively, were owned by Boral Limited. In early 1997, Boral decided to sell the distribution networks of these companies by floating Envestra as a new company, which acquired these assets for $900 million.

In March 1999, Envestra acquired part of the former Gas and Fuel Corporation's distribution network in Victoria for $1.2 billion bringing the total value of the Company's assets to $2.1 billion.

Today the Company has assets of about $2.6 billion. (for further information refer to Network Information / Statistics)

On 2 July 2007, the contract to operate, maintain and expand Envestra's distribution networks was transferred to APA Asset Management. (for further information refer to Operating Agreements)

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