DUET Group Flashcards
What is the registered office of DUET Group
55 Hunter St, Sydney
Who is the CEO of DUET Group
David Bartholomew
Who is the CFO of Duet Group
Jason Conroy
what is the current share price and market cap of DUET
$2.04 and 2.37 Bn as at Jun 25
What assets does the DUET group hold
DBNGP, United Energy, and Multinet
What is Multinet?
A Victorian gas distribution company. It transports gas from high pressure transmission networks to residential and commercial gas users
What interest does DUET have in multinet
100%
What interest does DUET have in United Energy Distribution? Who holds the remaining share?
66%. The remainder is held by Singapore Power International.
What is United Energy?
United Energy is an electricity distributor (i.e. poles and wires). It distributes electricity across the east and south east of Melbourne and the Mornington Peninsula. Electricity is recived via sub transmission lines at 46 zone statiions where it is transformed from sub transmission voltages to distribution voltages.
Who regulates United Energy and Multinet Gas?
The AER
What interest does DUET have in DBNGP? Who holds the remaining interest?
80%. The remaining 20% is held by Alcoa Australia.
What is the DBNGP
WA’s principal gas transmission pipeline. It is the only pipeline connecting the natural gas reserves of the Carnarvon and Browse basins.
How are DBP’s shipping contracts structured?
80% of the tarriff is paid on capacity reservation (i.e. take or pay) with the remaining 20% depending on the shippers throughput
How far do DBP’s contracts extend out till?
2019
what financing did United Energy complete in May 2013
A 5yr $125 bank debt facility with Westpac.
What is the effect of DUET Group simplification?
Reduced the number of stapled securities from 6 to 4.
