Transgrid Funding, Investors & Competitors

Discover Transgrid funding history, investors and competitors like Cheniere Energy Partners, Power Grid Corporation of India, GNDB and Northern Indiana Public Service Company.

Transgrid Overview

About Transgrid

Transgrid is the owner and operator of the high voltage electricity transmission network across New South Wales and the Australian Capital Territory. Its infrastructure spans over 13,000 circuit kilometres of lines and 110 substations, connecting more than 100 generators to distribution networks and large industrial customers. Sydney-headquartered Transgrid integrates this network into Australia's National Electricity Market, enabling electricity trading with Victoria, Queensland, and South Australia. Established in 1994 following New South Wales electricity privatisation, the company invests in projects like the EnergyConnect interconnector to New South Wales-South Australia and the Central-West Oran Park line to support renewable energy integration.


Founded

1995

HQ

AustraliaSydney

Status

Privately held

Customer focus

B2B

Revenue model

Usage-based

Transgrid Funding History

Transgrid has 3 recorded secondary share sales and no primary funding rounds.

Transgrid funding rounds

Transgrid funding rounds
DateStageInvestorsRaisedDeal Summary
May 2025SecondaryFuture Fund-The Future Fund Board of Guardians acquired a 9.995% interest in Transgrid, the monopoly high-voltage electricity transmission business serving New South Wales and the ACT, from Canadian pension investor OMERS. OMERS retained a matching 9.995% holding and will manage the Future Fund's interest on its behalf, keeping its board and governance role in the asset. The transaction closed on announcement and the parties did not disclose financial terms.
Apr 2025SecondaryGIC-Morrison & Co, acting for the Utilities Trust of Australia, agreed to sell a roughly 10 per cent stake in New South Wales electricity transmission group Transgrid to Singapore's sovereign wealth fund GIC, leaving UTA with about 10.5 per cent. The sale formed part of a wider reshuffle of Transgrid's ownership, in which the Future Fund separately bought a 9.995 per cent holding from OMERS, as owners responded to the capital demands of the energy transition. The transaction was reported at more than A$1 billion and completed in August 2025.
Jul 2020SecondaryOntario Municipal Employees Retirement System (lead)$1.4B-

Who has invested in Transgrid?

3 investors have backed Transgrid across its funding rounds, including GIC, Future Fund and Ontario Municipal Employees Retirement System.

Lead investors include Ontario Municipal Employees Retirement System.


Transgrid Investors

Investors in Transgrid by funding rounds participated
InvestorHQRoundsRoleFirst check
GICSingaporeSingapore1ParticipantApr 2025

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Transgrid Competitors

Transgrid competitors include listed companies like Cheniere Energy Partners and Power Grid Corporation of India, and private ones like GNDB, Northern Indiana Public Service Company, SSEN Transmission and 50Hertz.

Public and private companies comparable to Transgrid
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Cheniere Energy PartnersUnited StatesUnited StatesPublicly listed$11B$4.4B$32B4.0x
Power Grid Corporation of IndiaIndiaIndiaPublicly listed$4.7B$4B$26B8.0x
GNDBSpainBarcelonaPrivate-$1B$16B-
Northern Indiana Public Service CompanyUnited StatesGary, INPrivate$1.8B-$14B8.1x
SSEN TransmissionUnited KingdomInvernessPrivate--$7.7B-
50HertzGermanyGermanyPrivate--$6B-

Transgrid Public Comps

Transgrid is still privately-owned, but its public comps include NextEra Energy, Iberdrola, Enbridge, Enel, Southern Company, Constellation Energy, Duke Energy, Williams Companies, Enterprise Products and National Grid.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
NextEra Energy$27B$16B10.5x9.6x17.9x16.2x
Iberdrola$51B$17B4.4x4.3x13.2x11.8x
Enbridge$47B$15B4.2x3.6x13.3x13.3x
Enel$78B$21B2.6x2.1x9.8x7.6x
Southern Company$30B$14B6.0x5.8x12.4x12.7x
Constellation Energy$26B$5B4.6x3.8x23.5x15.3x
Duke Energy$32B$17B5.8x5.6x11.0x11.6x
Williams Companies$12B$7.4B10.1x9.8x16.4x14.6x

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Common questions about Transgrid

When was Transgrid founded?Transgrid was founded in 1995.
Where is Transgrid headquartered?Transgrid is headquartered in Sydney, Australia.
Is Transgrid publicly listed?No, Transgrid is a private, VC-backed company.
Who are Transgrid's investors?Transgrid's investors include GIC, Future Fund and Ontario Municipal Employees Retirement System.
Which companies are comparable to Transgrid?Companies comparable to Transgrid include Cheniere Energy Partners, Power Grid Corporation of India, GNDB, Northern Indiana Public Service Company, SSEN Transmission and 50Hertz.

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