Frank Tudor says the company already has experience in managing microgrids, which are a key part of future energy systems. Photo: Attila Csaszar

Horizon beats subsidy cut target

State-owned regional power provider Horizon Power has recorded a $35.4 million net profit for the year to June, while hitting its targeted reduction of government subsidies more than a year ahead of time.


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Total revenue

8th-Insurance Commission of WA$686.7m
9th-Horizon Power$492.5m
10th↑Pilbara Ports Authority$422.6m
11th↑Racing and Wagering Western Australia$337.9m
29 state government businesses ranked by total revenue - this year

Number of Employees

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