Company Profile

ACTEW is an unlisted public company with assets and investments in water, wastewater, electricity, gas and telecommunications. ACTEW is owned by the ACT Government. The company’s voting shareholders are the Chief Minister and Deputy Chief Minister of the ACT. ACTEW has corporate reporting and compliance obligations under Corporations Law. Legislation governing the supply of water and sewerage services includes the Utilities Act 2000, Water Resources Act 2007, Environment Protection Act 1997, Water and Sewerage Act 2000 and the Public Health Act 1997.

ACTEW owns the water and wastewater business and assets in the ACT and investments include a 50% ownership of ActewAGL. ACTEW has two wholly owned subsidiary companies: ACTEW Retail Limited and ACTEW Distribution Limited which are ACTEW’s partnership companies in ActewAGL, a joint venture with AGL Energy Limited and Singapore Power.

History

ACTEW's functions were originally performed within the Commonwealth Public Service. In 1962 the Australian Capital Territory Electricity Authority (ACTEA) was formed. In 1988 the Australian Capital Territory Electricity and Water Authority (ACTEWA) was established. ACTEA was abolished in 1995 and ACTEW Corporation Limited was established under the Corporations Law on 1 July 1995.