TRUenergy
 |
|
| Subsidiary | |
| Industry | Energy |
| Founded | 1995 |
| Headquarters | Melbourne, Australia |
|
Key people
|
Catherine Tanna (MD) |
| Services | Electricity and natural gas retail |
| Parent | CLP Group |
| Website | www |
EnergyAustralia (former name: TRUenergy) is an electricity generation, electricity and gas retailing private company in Australia that is owned by Hong Kong-based and listed CLP Group. EnergyAustralia also has a portfolio of generating sites using thermal coal, natural gas, hydro-electric, solar energy, and wind power.
The company was founded in 1995 and its headquarters are located in Melbourne, Victoria.
Called TRUenergy, the company was formed in 1995 from the combination of retail and generation assets purchased from Singapore Power (who in turn purchased them from TXU Corp), and CLP's own Yallourn Power Station, in Victoria's Latrobe Valley. In 2011, TRUenergy acquired retail business and trade name from the state–owned enterprise, EnergyAustralia from the NSW Government. Following the divestment of its retail assets, the name of the government–owned enterprise was changed to Ausgrid. Subsequently, in 2012, TRUenergy changed its name to EnergyAustralia.
In late 2011, there were media reports that TRUenergy may be floated in 2012 and later reported that this initial offering may be considered in 2013.
On 15 May 2014 Energy Australia announced Catherine Tanna as new Managing Director of the company.
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Wikipedia