[5] The consortium consists of two Australian entities–Spark Infrastructure (15%), the Utilities Trust of Australia fund (20%)– together with the Canadian pension fund Caisse de depot et placement du Quebec (25%) and two Middle Eastern sovereign wealth funds–the Abu Dhabi Investment Authority (20%) and the Kuwait Investment Authority (20%).
State Grid's bid was cleared by the Foreign Investment Review Board but was eventually unsuccessful,[6] possibly because of its government and military connections.
[7] In 2020, OMERS acquired a 19.99% stake in Transgrid from Wren House Infrastructure Management, which is part of the state-owned Kuwait Investment Authority.
Transgrid's network comprises 104 bulk supply substations and more than 13,133 kilometres of high voltage transmission lines and cables.
With more than 15 years’ experience Transgrid Telecommunications manages an extensive fibre optic network covering in excess of 4000 km across NSW, the ACT and Victoria.