[9][10][11] In 2005, TXU Corp sold all its Australian assets to Singapore Power, which retained the distribution businesses (electricity and natural gas distribution networks) in Victoria, and onsold the retail and generation businesses to the Hong Kong–based CLP Group, which also owned the Yallourn Power Station, in Victoria's Latrobe Valley.

[12] In 2011, TRUenergy acquired from the New South Wales Government the state's electricity retail business and trade name of EnergyAustralia.

[16][17] In 2021, EnergyAustralia announced that it will close the Yallourn Power Station in mid-2028, four years ahead of schedule, and instead build a 350 megawatt power-generating battery in the Latrobe Valley by the end of 2026.

[7] EnergyAustralia supplies electricity and natural gas to more than 1.7 million residential and business customers throughout Australia.

[19] EnergyAustralia also owns the gas-fired Hallett Power Station in South Australia with a capacity of 200 megawatts (270,000 hp).

[21] EnergyAustralia offers a carbon neutral electricity option to their customers by purchasing carbon offset units from a range of Australian and international offset projects including renewable energy projects in developing countries, land management and tree planting in Australia.

[10] However, a 2022 Australia Institute report heavily criticised this certification product, alleging that it was "state sponsored greenwashing.