The Post-Transaction Management team within Commercial Assets manages the residual assets, liabilities and risks, including obligations of the State and residual entities, that remain with the State following major asset transactions, with functions that range from routine matters such as landowner consents and lease administration, to managing any residual risk.

The Post-Transaction team also supports Treasury Finance in meeting financial and reporting requirements for specific-purpose entities that are created to facilitate asset transactions. These entities include:

Entity

Responsibilities

Electricity Retained Interest Corporation – Ausgrid (ERIC-A)

Holds the State's 49.6 per cent interest in the Ausgrid electricity distribution network

Electricity Retained Interest Corporation – Endeavour Energy (ERIC-E)

Holds the State's 49.6 per cent interest in the Endeavour Energy electricity distribution network

Electricity Transmission Ministerial Holding Corporation (ETMHC)

Landlord for 99 year lease of TransGrid electricity transmission network

Epsilon Distribution Ministerial Holding Corporation (EDMHC)

Landlord for 99 year lease of Endeavour Energy electricity distribution network. 

Alpha Distribution Ministerial Holding Corporation (ADMHC) 

Landlord for 99 year lease of AusGrid electricity distribution network.

Electricity Assets Ministerial Holding Corporation (EAMHC)

Holds residual assets and liabilities from the electricity generation transactions (primarily dust disease and workers compensation)

Generation Property Management Pty Ltd 

Remediation of Munmorah power station and Wallerawang ash dam

Ports Assets Ministerial Holding Corporation

Holding entity for the Port Lessor companies

Port Botany Lessor Ministerial Holding Corporation

Landlord for 99 year lease of Port Botany

Port Kembla Lessor Ministerial Holding Corporation

Landlord for 99 year lease of Port Kembla

Port of Newcastle Ministerial Holding Corporation

Landlord for 98 year lease of Port of Newcastle

Ministerial Holding Corporation

Landlord for lease of Sydney Desalination Plant and owner of 50 per cent stake in the Hunter Valley Training Corporation

 

Environmental Baseline Studies

Last updated: 02/05/2023