Spark Infrastructure Releases Financial Results for the 12 Months Ended 31 December 2017

Spark Infrastructure has today released its financial results for the 12 months ended 31 December 2017 delivering higher distributions to investors as a result of efficiency and productivity gains within its strongly performing investment portfolio businesses.

Significant opportunities anticipated in new energy landscape, supported by improved regulatory certainty and efficient transition to higher use of renewables

Announcing the results, Spark Infrastructure Managing Director and Chief Executive Officer, Rick Francis said “This is a strong result benefiting from efficiencies being delivered from the highly regarded network businesses in our investment portfolio and expansion of unregulated business opportunities.

“Today’s result reaffirms Spark Infrastructure’s position as Australia’s leading ASX listed network owner. This puts us in a unique position to capture emerging opportunities as a result of fast-moving innovations in both distribution and transmission.

“As a result of Spark Infrastructure’s continuing strong financial and operational performance we are able to actively participate in the delivery of affordable energy solutions for the future of Australia.

“Our distribution businesses have demonstrated strong performance despite low inflation constraining regulated revenue, while TransGrid continues to grow its unregulated connection business”, Mr Francis said.


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