Brett Redman says the acquisition will improve AGL's WA market offering.

AGL to snap up Perth Energy in $93m deal

AGL Energy is set to continue its rapid expansion into the WA market, after it struck a deal to purchase WA’s third-largest electricity retailer, Perth Energy, for up to $93 million.


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Total Shareholder Return as at 30/09/16

1 year TSR5 year TSR
139thRamsay Health Care38%36%
188thAGL Energy24%12%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar


16th-AGL Energy$11,175.0m
19th↑Ramsay Health Care$8,690.5m
78 listed non wa companies ranked by revenue.
Source: Morningstar

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