TransGrid has a long history of connecting consumers to the energy they use. The network has been developed over more than 60 years to meet demand and underpins the State’s economic growth and prosperity.
Our capability in planning, building, operating and maintaining the network has matured over this time, creating a sustainable business with a highly skilled workforce.
We recognise that that our ability to adapt to changes is important for continued business success. Focused on developing new opportunities for growth outside our regulated portfolios, we have made significant progress in diversifying our business. Over the years, our business has continued to evolve to meet changing requirements and since 2013 we have branched out with a new business diversification strategy to help strengthen this further.
On 16 December 2015 Australian-led consortium, NSW Electricity Networks, were confirmed as the lessee of TransGrid after being successful in their bid to take on a 99 year lease of TransGrid.