Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 17 : 5-Aug-14

New Zealand-based Infratil is divesting its Lumo Energy gas and electricity retailing business in Australia. Alinta Energy has joined Pacific Hydro and M2 Telecommunications as a potential acquirer, as the utility continues its expansion from the home market of Western Australia into the eastern states. However CEO Jeff Dimery notes that the recent over-supply of electricity due to new wind power plants means he will seek lower prices for generation assets on the market after privatisations in Queensland and New South Wales. Alinta has been owned by US private equity firm TPG Capital since the beginning of 2011

CORPORATES
ALINTA ENERGY (AUSTRALIA) PTY LTD, INFRATIL LIMITED – ASX IFZ, LUMO ENERGY AUSTRALIA PTY LTD, M2 GROUP LIMITED – ASX MTU, PACIFIC HYDRO LIMITED, IFM RENEWABLE ENERGY PTY LTD, IFM INVESTORS PTY LTD, TPG CAPITAL LP, SINGAPORE POWER LIMITED, BABCOCK AND BROWN LIMITED