AST.AX - AusNet Services Ltd

ASX - ASX Delayed Price. Currency in AUD

AusNet Services Ltd

2 Southbank Boulevard
Level 31
Southbank, VIC 3006
1300 360 795

Full Time Employees1,900

Key Executives

NameTitlePayExercisedYear Born
Mr. Mario TieppoExec. Gen. Mang. of Technology659.33kN/AN/A
Mr. Chad HymasExec. Gen. Mang. of Mondo673.44kN/AN/A
Mr. Alistair ParkerExec. Gen. Mang. of Regulated Energy Services684.02kN/AN/A
Mr. Tony NarvaezMD & DirectorN/AN/AN/A
Mr. Mark EllulChief Financial OfficerN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.


AusNet Services Ltd owns and operates an electricity transmission network in Australia. It operates through Electricity Distribution, Gas Distribution, Electricity Transmission, and Mondo segments. The Electricity Distribution segment carries electricity from the high voltage transmission network to end users, including metering. The Gas Distribution segment carries natural gas to commercial and residential end users, including metering in central and western Victoria. The Electricity Transmission segment owns and manages an electricity transmission network, including transmission lines and towers, which carry electricity at high voltages from power generators to electricity distributors in Victoria. The Mondo segment provides contracted infrastructure asset services and specialized technology solutions to enable energy data and asset intelligence services, as well as specialist metering, asset intelligence, and telecommunication solutions to the utility and infrastructure sectors. It primarily serves customers operating in utility, renewables, and infrastructure sectors of electricity, water, gas, and rail. The company operates through an electricity transmission network of 6,700 kilometers of lines, 53 terminal stations and switchyards, and approximately 13,000 towers; and electricity distribution network of 736,000 customers, 60 zone substations, 7,500 gigawatt hour of, and 383,000 power poles. It also operates a gas distribution network of 711,000 customers, 11,700 kilometers of gas mains, and 63 petajoules of throughput. The company was formerly known as SP AusNet Ltd. and changed its name to AusNet Services Ltd in August 2014. AusNet Services Ltd was incorporated in 2014 and is headquartered in Southbank, Australia.

Corporate Governance

AusNet Services Ltd’s ISS Governance QualityScore as of October 4, 2019 is 6. The pillar scores are Audit: 5; Board: 8; Shareholder Rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.