The $10.258 billion sale of NSW's transmission grid to an international consortium has quelled concerns about the long-term financial threat to electricity networks from solar panels, wind farms and batteries.
A Middle East and Canadian-dominated consortium beat China's giant State Grid Corporation and two others to win the auction for TransGrid, which distributes electricity from power stations across the state.
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
