AusNet Services (OTCMKTS:SAUNF) is an Australian energy infrastructure company headquartered in Melbourne. It specializes in the ownership, operation and development of electricity transmission and distribution networks across Victoria, delivering reliable power to residential, commercial and industrial customers. In addition to its core electricity activities, the company manages one of the state’s largest natural gas distribution systems.
The company’s electricity transmission network spans more than 8,000 kilometers of high-voltage lines and associated substations, while its distribution network extends over 67,000 kilometers of lower-voltage lines serving approximately 700,000 electricity customers. AusNet Services’ gas distribution network comprises around 13,500 kilometers of pipelines that supply gas to over 350,000 customers. These combined assets support a diverse range of end-users, from urban households to major industrial facilities across eastern Victoria.
Formed in 2014 through the rebranding of SP AusNet, the company’s roots trace back to the privatization and consolidation of Victoria’s energy assets in the late 20th century. Since then, AusNet Services has invested in network modernization projects, including the integration of renewable energy sources, advanced grid automation and digital monitoring systems. Guided by an experienced leadership team, the company remains focused on enhancing system resilience, improving customer service and pursuing sustainable growth under the regulatory oversight of the Australian Energy Regulator and the Victorian Government.
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