Ownership and Governance
Ownership and Governance
ElectraNet’s owners bring independent technical and financial expertise to our strategic planning and decision-making processes.
ElectraNet is a private company and operates under the governance of the ElectraNet Board of Directors, which includes up to nine Directors representing the shareholding companies, and an independent Chairman.
We own and operate $2.5 billion worth of transmission assets and have a strong investment-grade credit rating with a Moody’s Baa1 and Standard & Poor’s BBB+ equivalent.
The owners of ElectraNet Pty Ltd, trading as ElectraNet, are:
Australian Utilities Pty Ltd
As trustee for the Australian Utilities TrustState Grid International Development Asia and Australia Holding Company Limited
The international arm of the State Grid Corporation of China
Board of Directors
Independent Chair
- Dr Julie Beeby
Representing Australian Utilities Pty Ltd
- Roger Crawford
- Richard Hedley
- Shashank Ramakrishnan
- John Fullerton
- Sonya Furey
Company Secretary
- Kymberley Lawrence
Representing State Grid International Development Asia
and Australia Holding Company
- Xiaojun Jiang
- Jian Zhang
- Longhua Jiang
- Yi Tong
Board Committees
Risk, Audit and Compliance Committee
Assists the Board to fulfil its corporate governance responsibilities for financial integrity, compliance with laws, regulations and codes of conduct, business risk management, and audit effectiveness.
Remuneration Committee
Assists the Board to develop policies for employee remuneration to help attract and retain a dynamic workforce within ElectraNet.
Treasury Committee
Develops guidelines and strategies to manage treasury risks such as liquidity, interest rates, foreign exchange, commodity pricing, and credit.
Business Plan Committee
Assists the Board to fulfil its responsibilities in relation to strategic and annual business planning.
Safety & Network Technical Committee
Assists the Board to fulfil its responsibilities in relation to overseeing work health and safety matters in addition to technical matters relating to the design, operation and maintenance of ElectraNet’s transmission network.