AGL Energy
 |
|
| Public | |
| Traded as |
ASX: AGL S&P/ASX 200 Component |
| Industry | |
| Founded |
|
| Headquarters | North Sydney, New South Wales, Australia |
|
Key people
|
Andrew Vesey (CEO & MD) |
| Products |
|
| Services |
|
| Revenue | $11.150 Billion (2016) |
| $1.211 Billion (2016) | |
|
Number of employees
|
3,358 (2016) |
| Subsidiaries | ActewAGL (25%) |
| Website | www |
AGL Energy (ASX: AGL), a publicly–listed Australian company, provides energy products and services to the Australian economy. The company is involved in both the generation and retailing of electricity for residential and commercial use.
AGL Energy generates electricity from power stations that use thermal power, natural gas, wind power, hydroelectricity, and coal seam gas sources. The company began operating in Australia in 1837 as The Australian Gas Light Company and claimed in 2014 that it had more than 3.8 million residential and business customer accounts across New South Wales, Victoria, South Australia and Queensland. It has large investments in the supply of gas and electricity, and is Australia's largest private owner, operator and developer of renewable energy assets.
The Australian Gas Light Company was formed in Sydney in 1837, and supplied town gas for the first public lighting of a street lamp in Sydney in 1841. AGL was the second company to list on the . The company gradually diversified into electricity and into a number of different locations.
ActewAGL, a joint venture between the Australian Gas Light Company and ACTEW Corporation, a government-owned enterprise of the ACT Government, was formed in October 2000 as Australia's first utility joint venture. 25% owned by AGL Energy, ActewAGL provides electricity, natural gas, and telecommunication services to business and residential customers in the Australian Capital Territory and south-east New South Wales.
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Wikipedia