8 SP AusNet agrees to buy assets from parent Singapore Power for $8.14 billion

SP AusNet has agreed to buy assets from parent Singapore Power for $8.14 billion, including debt, to become Australia’s largest energy transmission company. It will pay the same price, plus unspecified transaction costs, for the Alinta assets that Singapore Power paid when it, with Babcock & Brown, bought the West Australian utility earlier this month, reported The Age (21/9/2007, p.B3).

SP AusNet close to buying entire suite of energy transmission assets Singapore Power acquired as a partner in the $8 billion Alinta carve-up

SP AusNet was close to buying the entire suite of energy transmission assets Singapore Power acquired as a partner in the $8 billion Alinta carve-up with investment company Babcock & Brown earlier this year, according to Vesna Poljak in The Australian Financial Review (20/9/2007, p. 17).