Page 2183 - Week 06 - Monday, 11 May 2009
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ActewAGL is not a company. It is a joint venture which comprises two partnerships: ActewAGL Retail Partnership and ActewAGL Distribution Partnership. The partners in the Retail Partnership are ACTEW Retail Limited (ARL), a wholly owned subsidiary of ACTEW Corporation Limited (ACTEW); and AGL ACT Retail Investments Pty Limited, a wholly owned subsidiary of AGL Energy Limited (AGL). The partners in the ActewAGL Distribution Partnership are ACTEW Distribution Limited (ADL), a wholly owned subsidiary of ACTEW; and Jemena Networks (ACT) Pty Limited, a wholly owned subsidiary of Jemena Limited.
ActewAGL is directed by a Partnerships Board which comprises three members appointed by the ACTEW partners and three members appointed by the AGL/Jemena partners. The Partnerships Board is not a company board.
The current members of the Board are:
• John Mackay (ACTEW)
• Michael Easson (ACTEW)
• Mark Sullivan (ACTEW)
• Jim Galvin (AGL)
• Lim Lay Hong (Jemena)
• Lim Howe Run (Jemena)
The directors of ARL and ADL are Michael Costello, Kerry McIlwraith and Simon Wallace.
I am advised that Ms Lim Lay Hong and Mr Lim Howe Run are directors of Jemena Networks (ACT) Pty Limited and Jemena Limited.
(2) In respect of ACTEW, its subsidiary companies and ActewAGL:
Mr Mackay has been a Director and Chairman of ACTEW since July 2008, Chairman of the ActewAGL Joint Venture Partnerships Board since July 2008, and a Director of ACTEW China Pty Limited (ACPL) since May 1998.
Mr Costello was appointed a Director of ACTEW in August 2002 and Managing Director in November 2003. He was appointed a member of the ActewAGL Joint Venture Partnerships Board in June 2003. He resigned from all three positions in June 2008. Mr Costello has been a Director and Chairman of ACTEW’s three subsidiary companies, ACPL, ADL and ARL since September 2003.
(3) In respect of ACTEW, its subsidiary companies and ActewAGL:
Mr Mackay is a Director and Chairman of ACTEW, a Director of ACPL, and a member and Chairman of the ActewAGL Joint Venture Partnerships Board.
Mr Costello is a Director and Chairman of ACPL, ADL and ARL.
(4) No.
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