• About
  • Advertise
  • Subscribe
  • Contact
  • Events
Tuesday, June 17, 2025
Newsletter
SUBSCRIBE
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
No Results
View All Results
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
No Results
View All Results
Home

Capital structure review of electricity businesses

by Utility Journalist
February 7, 2015
in Electricity, News
Reading Time: 1 min read
A A
Share on FacebookShare on Twitter

An independent review of the capital structure of State-owned electricity businesses has been completed by the Tasmanian Government. TasNetworks has cooperated with the Department of Treasury and Finance throughout the review process.

The outcome of the review is that the Government has decided to transfer a maximum of $325 million from Hydro Tasmania to TasNetworks.

“It was envisaged at the start of the merger process last year that some adjustment of equity would occur subsequent to a capital structure review,” TasNetworks CEO Lance Balcombe said.

“Although these arrangements will increase TasNetworks’ borrowings and associated funding costs, our financial position and debt and gearing profiles remain strong and provide capacity to manage the additional debt.

“Importantly, the debt transfer will have no impact on power prices or TasNetworks’ ability to fund business operations and capital expenditure.”

Timing and transfers are as follows:

  • $205 million in 2014-15
  • $70 million in 2015-16
  • $50 million in 2016-17

Related Posts

Image: Barwon Water

Barwon Water on the road to net zero

by Katie Livingston
June 17, 2025

Barwon Water has hit the road with Victoria’s first hydrogen-powered prime mover, as part of a wider plan to cut...

Image: Melbourne Water

Desalination to support Melbourne’s water supply

by Katie Livingston
June 17, 2025

Following prolonged dry conditions, 50GL of desalinated water is set to flow into Melbourne Water’s system to safeguard the city’s...

CSE25 will bring together professionals across disciplines to share practical strategies for adaptation and mitigation. Image: Engineers Australia

CSE25: Climate action meets engineering reality

by Sarah MacNamara
June 17, 2025

The climate reality is all around us – and engineers are responding with resilience and tackling it head-on. Through determined...

Read our magazine

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
Utility is the title of choice for decision makers at all levels of water and energy utilities, as well as other major players like consulting engineers and first-tier contractors. Utility is integrated across print and online, and explores the biggest news and issues across the utility industry. It is Australia’s only dedicated utility magazine, and covers all areas of the utility sector, including water and sewer, gas, electricity, communications and the NBN.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Utility

  • About
  • Advertise
  • Subscribe
  • Contact
  • Digital magazine
  • Events
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • News
  • Water
  • Electricity
  • Projects
  • Water and Wastewater Treatment
  • Spotlight
  • Civil Construction
  • Renewable Energy

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
SUBSCRIBE
  • News
    • Contracts awarded
    • Open tenders and opportunities
    • Events
  • Features
  • Water
  • Wastewater
  • Gas
  • Electricity
  • Civil Construction
  • Events
  • About
  • Advertise
  • Subscribe
  • Contact

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited