22/10/2019 - 11:03

Perth Energy wins $4.5m gas contract

22/10/2019 - 11:03

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AGL Energy subsidiary Perth Energy has secured a $4.5 million three-year contract with the North Metropolitan Health Service, its biggest natural gas supply agreement with a state government agency this year.

Perth Energy wins $4.5m gas contract
The contract will ensure the supply of reticulated gas to the North Metropolitan Health Service.

AGL Energy subsidiary Perth Energy has secured a $4.5 million three-year contract with the North Metropolitan Health Service, its biggest natural gas supply agreement with a state government agency this year. 

Four submissions tendered for the contract, which will ensure the common-use arrangement supply of reticulated gas to the department.

The announcement comes two months after Perth Energy secured a $1.3 million deal to supply natural gas to the Fiona Stanley Hospital, again beating three other submissions.

Prior to that, the company was awarded a $272,000 contract with North Metropolitan TAFE in July.

Perth Energy is Western Australia's third-largest electricity retailer which has also secured a number of small electricity supply deals this year, including a $1.4 million package with Central Regional TAFE and a $340,000 contract with the Child and Adolescence Health Service in March.

Since June, it secured 13 contracts ranging from $55,000 to $504,000 to supply electricity to schools around the state, with the largest at Byford Secondary College.

AGL Energy acquired Perth Energy last month as part of AGL's strategy to expand into the WA market.

New Zealand-based energy company Infratill, which holds 80 per cent of Perth Energy, received $53.3 million in cash for its shareholding and may receive further sale proceeds of up to $14.9 million in cash within three years.

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