Who we are

CitiPower

CitiPower supplies 332,000 customer connections in the Melbourne CBD and inner suburbs. With forecasts expecting Melbourne to become Australia’s most populous city, our electricity is relied upon by customers ranging from residents, small businesses and major office buildings to world-class sporting, public health, education and cultural precincts.

Powercor

Powercor supplies electricity across 64% of Victoria spanning from the western suburbs of Melbourne through central and western Victoria to the South Australian and New South Wales borders. Households represent about 86% of our 844,000 customer connections which also include 11,175 commercial and industrial businesses and over 100,000 small businesses mainly in the health care, agriculture, forestry and fishing sectors.

Ownership structure

CitiPower and Powercor are part of the Victoria Power Networks group of companies and are Victorian based electricity distribution businesses.

Victoria Power Networks is 51% collectively owned by CK Infrastructure Holdings Ltd (CKI) and Power Asset Holdings Ltd (PAH). CKI and PAH are members of the Cheung Kong Group and these two companies are listed on the Hong Kong Stock Exchange.

The remaining 49% is held by Spark Infrastructure.  Spark Infrastructure is owned by Kohlberg Kravis Roberts & Co. L.P. (KKR),  Ontario Teachers’ Pension Plan Board (OTPP)  and Public Sector Pension Investment Board (PSP).

Board of Directors

Executive

Our Melbourne-based executives control and manage our network operations and services. The team is led by the Chief Executive Officer and consists of general managers and chief officers from each of our business units.