The CitiPower electricity distribution network supplies approximately 325,000 customers in the Melbourne central business district and inner suburbs. The network covers 157 square kilometres and is the most concentrated of Victoria’s five distribution networks. CitiPower has long enjoyed the reputation as Australia’s most reliable electricity network. It provides critical supply to some of the country’s largest companies, public transport systems, and cultural and sporting icons including the Melbourne Cricket Ground and Rod Laver Arena. CitiPower also supplies electricity to the political and economic nerve centres of Victoria.
Ownership is divided between Cheung Kong Infrastructure, Power Assets Holdings and Spark Infrastructure. Cheung Kong Infrastructure and Power Assets Holdings, which are members of the Cheung Kong Group of companies, hold a 51 per cent stake in the business. Spark Infrastructure, which is listed on the Australian Stock Exchange, owns the remaining 49 per cent of CitiPower and Powercor.