AGL Energy Ltd (ASX:AGL)

Company's Profile

AGL, an Australian company with over 186 years of history, serves approximately 4.3 million customers in energy and telecommunications. The company operates Australia's largest private electricity generation portfolio within the National Electricity Market. This portfolio includes coal and gas-fired generation, renewable energy sources such as wind, hydro, and solar, as well as batteries and other firming technologies, along with gas production and storage assets.

AGL manages its business through three key operating segments:

Customer Markets: This segment is responsible for retailing electricity, gas, broadband, mobile, voice, solar, and energy efficiency products and services to residential, small, and large business customers. It sources energy from Integrated Energy at transfer prices reflecting wholesale energy costs and manages sales, marketing, branding, and customer contact operations.

Integrated Energy: This segment operates AGL's power generation portfolio and key assets, including coal, gas, and renewable generation facilities, as well as natural gas storage and production facilities. Integrated Energy also oversees trading operations to manage price risk, renewable energy scheme obligations, and dispatch of generation assets.

Investments: This segment includes AGL's interests in partnerships and investments such as ActewAGL Retail Partnership, Tilt Renewables, Energy Impact Partners Europe, and Ovo Energy Australia Pty Ltd, among others.