by Ruchika Deora | Oct 11, 2017 | News
United Energy is proud to be the only Australian electricity distribution business to be awarded funding under Australian Renewable Energy Agency’s demand response initiative. ARENA, in partnership with the Australian Government, AEMO, and the NSW Government, have...
by Ruchika Deora | Sep 25, 2017 | News
United Energy has been awarded $450,000 in Australian Renewable Energy Agency funding to test the ability of solar and storage technology to defer or eliminate the requirement for traditional network augmentation. The $1.234 million project will see the deployment of...
by Ruchika Deora | Nov 22, 2016 | News
United Energy has partnered with Swinburne University of Technology, Swedish-based Amokabel and Bendigo-based company, Groundline Engineering in a Victorian Government-funded trial of a new covered conductor on the Mornington Peninsula. The trial will see the...
by UEAdmin | Oct 17, 2016 | News
United Energy has reached contract close on a new $250m five year bank debt facility. The primary purpose of the facility is to fund growth of the network in some areas to meet customer demand. United Energy Chief Executive Officer, Tony Narvaez said “the transaction...
by UEAdmin | Sep 6, 2016 | News
United Energy (UE) has priced $350 million of 7-year senior unsecured notes in the Australian domestic bond market. The transaction completes UE’s refinancing task for the $265 million A$ Medium Term Note due in April 2017 and contributes toward refinancing part of...
by Ruchika Deora | Aug 18, 2016 | News
United Energy has entered into a partnership with a global energy technology company for a landmark demand response and energy storage project on the Mornington Peninsula. The project will defer the need for capital investment on the lower Mornington Peninsula by...