Asset portfolio
DUET invests in energy utility assets with strong competitive positions which offer predictable cash flows. DUET's diversified portfolio of assets comprises:
Dampier Bunbury Pipeline 80.0% interest
The Dampier Bunbury Pipeline is the only natural gas pipeline connecting the natural gas reserves of the Carnarvon and Browse basins on Western Australia’s North West Shelf with industrial, commercial and residential customers in Perth and the surrounding regions. The pipeline runs from the Burrup Peninsula, near Dampier, to Bunbury, near Perth, in the south-west of the state.
United Energy Distribution 66.0% interest
United Energy Distribution’s electricity distribution network covers 1,472km² of south-east Melbourne and the Mornington Peninsula. The distribution network transports electricity from the high voltage transmission network to residential, commercial and industrial electricity users. UED’s distribution area is largely urban and, although geographically small (about 1% of Victoria’s land), serves around one quarter of Victoria’s population.
Multinet Group Holdings 100.0% interest
Multinet Group Holdings is a Victorian gas distribution company with a network covering 1,940km² of the eastern and south-eastern suburbs of Melbourne. Multinet is currently expanding its geographic base through participation in the state government’s natural gas extension program. Multinet’s distribution network transports gas from the high pressure transmission network to residential, commercial and industrial gas users.
The balance of the equity in UED is held by Singapore Power International Australia. The balance of the equity in DBP is held by Alcoa of Australia.
UED and Multinet have Operating Service Agreements (OSAs) in place with Jemena Asset Management (JAM).
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