Company Profile
ACTEW Corporation Limited (ACTEW) is a government owned company with assets and investments in water, wastewater, electricity, gas and telecommunications totalling $1.4b.
ACTEW owns the water and wastewater assets and business in the ACT, is a 50% owner, with Singapore Power International and AGL Energy Limited, of ActewAGL and holds an 18% investment in TransACT Communications Pty Limited.
ACTEW was corporatised on 1 July 1995 and has reporting and compliance obligations under the Corporations Act 2001 and other legislation. It has two wholly owned subsidiary companies:
- ACTEW Distribution Limited
- ACTEW Retail Limited
ACTEW Distribution and ACTEW Retail are ACTEW’s partnership companies in the ActewAGL Distribution and Retail partnerships.
The Company has two voting shareholders, the Chief Minister and Deputy Chief Minister of the ACT.