Spark Infrastructure
Spark Infrastructure Group is an Australian investment fund which owns and manages a portfolio of electricity infrastructure assets. The company debuted on the Australian Securities Exchange on 16 December 2005 with the stock symbol SKICA[1] representing an instalment receipt with a final instalment due in March 2007 when the instalment receipts were transferred for SKI shares.
 | |
| Type | Public (Australia) |
|---|---|
| ASX: SKI | |
| Industry | Investment fund |
| Founded | 2005 |
| Headquarters | Sydney, Australia |
Key people | Rick Francis MD & CEO |
| Website | www.sparkinfrastructure.com |
Spark's principal investments are 49% stakes in both SA Power Networks and Victoria Power Networks; as well as a 15% stake in the NSW Power Networks consortium given the concession for TransGrid, the high-voltage transmission system for New South Wales.
In August 2021, a takeover bid from KKR, Ontario Teachers' Pension Plan and Public Sector Pension Investment Board was accepted by the board of directors. It is subject to shareholder approval.[2]
References
- "ASX welcomes Spark Infrastructure (SKICA)" (PDF). Australian Stock Exchange. 16 December 2005. Archived from the original (PDF) on 29 September 2007. Retrieved 21 August 2007.
- KKR-Led Group Inks $3.7 Billion Deal to Buy Australia’s Spark Bloomberg News 23 August 2021
