Spark Infrastructure (SKI) Flashcards
What businesses does Spark Infrastructure own?
Holds a 49% interest in SA Power Networks, CitiPower and Powercor. All three are electricity distribution business.
Note: the other 51% is held by Cheung Kong Infrastructure
What is SA Power Networks?
South Australia’s only significant electricity distributor.
What is Powercor
the owner and manager of the largest electricity distribution network in Victoria
What is the CitiPower business?
CitiPower is the owner and manager of the electricity distribution network servicing Melbourne’s CBD and inner suburbs
What is the RAB of Spark Infrastructure
$8Bn
What is the Net Debt / RAB for the 3 businesses
Approximately 80% for all 3.
What is the net gearing of SKI?
61.7%
Is borrowing carried out at the group or asset level?
Done at the asset level. A mix of US Private Placements, Floating rate notes, Fixed rate notes and syndicated revolving facilities.
Where is SKI Headquartered?
Suncorp Building, 259 George St Sydney
Who is the CEO of SKI
Rick Francis is the CEO and managing director
Who is the CFO of SKI
Greg Botham
