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Wesfarmers sells enGen for $101m

Queensland-based Energy Developments has targeted Western Australia to satisfy its growth ambitions, by acquiring the Wesfarmers-owned remote area energy provider, enGen, in a deal worth $101 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
112thEnergy Developments27%-7%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-Energy Developments$27.2m
79 listed non wa companies ranked by revenue.
Source: Morningstar

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