AGL sells digital metering business to Ausgrid

20-Dec-2017

'AGL has sold Australia's largest digital metering business, Active Stream, to Ausgrid in order to become "technology agnostic".

The acquisition marks the first major investment by Ausgrid since it was partially privatised and its ownership transferred from the NSW government to superannuation funds AustralianSuper and IFM Investors in December 2016.

The sale comes as the AEMC brings in digital meter regulatory reform.'

You can read more here.


 

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