
TransGrid
Owner and operator of the high voltage electricity transmission network in the australian state of new south wales.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | N/A | Secondary | |
Total Funding | 000k |
TransGrid is a leading electricity transmission network operator in New South Wales, Australia. The company specializes in the transmission of high-voltage electricity from generators to distributors, ensuring a reliable and affordable power supply for households, small businesses, and large industrial users. Operating in the energy sector, TransGrid plays a crucial role in the Australian electricity market by maintaining and upgrading the transmission network to meet growing demand and regulatory standards. The business model revolves around regulated revenue, where income is primarily derived from tariffs approved by the Australian Energy Regulator (AER). This ensures a stable and predictable revenue stream, allowing for continuous investment in infrastructure and technology. TransGrid serves a diverse client base, including residential customers, commercial enterprises, and industrial facilities, all of whom rely on a consistent and cost-effective electricity supply. The company also collaborates with suppliers through its digital procurement platform, ibuy, to streamline and automate procurement processes, enhancing operational efficiency.
Keywords: electricity transmission, high-voltage, New South Wales, reliable power, affordable energy, regulated revenue, infrastructure investment, digital procurement, operational efficiency, energy sector.