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Eraring Energy information


Eraring Energy
Company typeGovernment-owned corporation
Industryelectricity generation
Founded2 August 2000 (2 August 2000)
Headquarters
Sydney
,
Australia
Key people
John Priest, Murray Bleach and Ian Murray (Directors)
Peter Jackson (managing director)
RevenueDecrease A$609m[1]
Operating income
Decrease A$584m[1] (2011)
Net income
Decrease A$(664m)[1]
Total assetsDecrease A$1,178m[1]
Total equityDecrease A$999m[1]
OwnerTreasurer of New South Wales – 1 share
Minister for Finance and Services – 1 share
Number of employees
Increase 406[1]
ParentNew South Wales Government
Websitewww.eraring-energy.com.au

Eraring Energy was an electricity generation company in Australia that was owned by the Government of New South Wales, and had a portfolio of generating sites using thermal coal, wind, and hydroelectric power. It was sold to Origin Energy in 2013.[2][3]

Eraring Energy was established in 2000 under the State Owned Corporations Act, 1989 (NSW) and the Energy Services Corporation Act, 1995 (NSW).

  1. ^ a b c d e f "Annual Report 2011" (PDF). Eraring Energy. 2011. Archived from the original (PDF) on 21 March 2012. Retrieved 9 December 2011.
  2. ^ "Origin buys NSW power station for $660m". The Australian. 1 July 2013. Retrieved 23 September 2019.
  3. ^ Baird, Mike (1 July 2013). "GOVERNMENT SELLS ERARING ENERGY TO ORIGIN AND TERMINATES COBBORA CONTRACT - NSW Taxpayers Dodge Labor's Fiscal Bullet" (PDF) (Press release). Treasurer of New South Wales.

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