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United Energy obtains $250m debt facility

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... read more

United Energy prices $350 million bonds

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... read more

UE to appeal AER final determination

United Energy (UE) has lodged a merits appeal relating to the Australian Energy Regulator’s (AER) final decision on UE’s 2016-2020 Electricity Distribution Pricing Review (EDPR) proposal. The first matter is the AER decision on the valuation of taxation credits... read more

United Energy and Multinet Gas award new IT contracts

United Energy and Multinet Gas (UE & MG) has entered into new agreements for the provision of IT services with ASG Group, Accenture, and Mark Gurry & Associates (MGA). The contracts support a multi-vendor operating model and introduce specialist IT management... read more