Although there’s plenty of debate about what it means for NSW and Australia’s electricity markets, it’ll also create more options for Origin.
As we wrote this week, there’s a bunch of European players and Australian companies looking for a way into the country’s integrated utilities, but they’ve been put off by the coal exposure.
AGL Energy and EnergyAustralia have already started restructuring their businesses to potentially attract investment, and Origin could now go down the same path.
The gas pipelines owner is set to take on Transgrid and private infrastructure investment consortiums for the right to build and own the next wave of crucial electricity network infrastructure in NSW.
Australian electronic gift cards group Prezzee has recruited Mastercard loyalty executive Jamie Samaha to ramp up growth, particularly in the United States.