Spark Infrastructure represents Spark Infrastructure Trust and its consolidated entities. Spark Infrastructure Trust is an Australian registered managed investment scheme.
Spark Infrastructure RE Limited is the responsible entity of Spark Infrastructure Trust. Spark Infrastructure is a specialist infrastructure fund and comprises a single trust listed on the Australian Stock Exchange (ASX). One unit in the Spark Infrastructure Trust and one loan note issued by the responsible entity are stapled and quoted as a single security, and cannot be traded separately. Spark Infrastructure aims to provide long-term, attractive and stable returns and capital growth in line with its risk profile and market expectations.
Spark Infrastructure does not produce any products. It invests in regulated utility infrastructure in Australia. This includes electricity and gas distribution and transmission, regulated water and sewerage assets.
The Company owns equity interests in four Australian electricity networks across South Australia, Victoria and New South Wales. The companies that Spark holds interests in represent some of the best infrastructure assets in Australia and are investments that are well placed to support a low carbon future. Spark Infrastructure currently holds a 49% interest in SA Power Networks, a 49% interest in CitiPower and PowerCor Australia (together known as Victoria Power Networks), and a 15% interest in TransGrid.
Spark Infrastructure has 13 employees working at its Sydney office. No employees are covered by collective bargaining agreements. A detailed breakdown of the Company’s workforce by employment contract, employment type and gender is provided in tables G4-10 (a) and G4-10 (b) of the ‘Sustainability Data’ section of the Report.
Spark Infrastructure’s headquarters are located in Sydney, Australia.
What sustainability means to Spark
Spark Infrastructure invests efficiently to provide safe, reliable and affordable electricity through its investment portfolio businesses. Between them, the businesses serve millions of Australian households and businesses. The investment portfolio businesses are also encouraged to work with customers to facilitate the transition to a more renewable future with lower carbon emissions.
Overall, Spark Infrastructure’s aim is to:
- Achieve an injury free work environment and promote the health of our people and the communities in which we operate.
- Apply high ethical standards and best business practices.
- Mitigate risks and employ practices to minimise the impact we have on the environment.
- Provide customers with reliable and secure electricity supply and reduce costs through efficient operations.
- Ensure efficient use of energy and resources.
- Respect the rights of the communities in which we operate.
- Reduce greenhouse gas emissions.
- Provide clear, timely and transparent reporting on operational performance.
- Engage openly with stakeholders.
For Spark Infrastructure, sustainability also means establishing work conditions and employee incentives that enable our investment portfolio businesses to provide safe reliable and efficient network services to consumers.
Each of the businesses in our investment portfolio have embraced new technologies and are focused on innovative solutions to emerging business challenges. Their central aim is to further enhance a culture of agile and empowered business leadership, to improve our understanding of customer needs and preferences and to embed a flexible and innovative approach to asset planning and investment decisions. The Network Innovation Centre by SA Power Networks, the BEON Energy Solutions business associated with Victoria Power Networks and TransGrid’s active facilitation of the growth in renewable generation of electricity through its infrastructure connections business each demonstrate our commitment to this area.
