2011
Performance Highlights
# The 2002-2010 EPS has been restated for the bonus element of the rights issue completed in April 2011.
* FY08 includes an additional dividend of 25 cps.
Key Milestones in 2011
-
1 July 2010
Darling Downs Power Station commenced commercial operations.
-
2 September 2010
Awarded geothermal exploration concession in Northern Sumatra, Indonesia.
-
15 September 2010
Origin and PNG Energy Developments Limited (PNG EDL) announced the potential development of the Purari Hydro Electricity Project in Papua New Guinea.
-
29 October 2010
Environmental approval for Stockyard Hill Wind Farm granted.
-
5 November 2010
Queensland Premier the Hon Anna Bligh MP officially opened Darling Downs Power Station.
-
9 November 2010
The Australia Pacific LNG project gained Queensland Government approval for its Environmental Impact Statement.
-
26 November 2010
Australian Carbon Trust and Origin agreed to a strategic alliance to accelerate uptake of energy efficiency technologies by Australian businesses.
-
15 December 2010
Announced acquisition of NSW energy businesses(1).
-
22 February 2011
Australia Pacific LNG project gained Federal approval of its Environmental Impact Statement.
-
22 February 2011
Contact announced Final Investment Decision on Te Mihi geothermal project in New Zealand.
-
24 February 2011
Australia Pacific LNG and Sinopec signed non-binding Heads of Agreement for LNG supply and a 15 per cent equity subscription in Australia Pacific LNG.
-
1 March 2011
Completed the acquisition of the NSW energy businesses.
-
15 March 2011
Announced $2.3 billion pro rata renounceable entitlement offer to partly fund the acquisition of the NSW energy businesses.
-
11 April 2011
Successfully completed the syndication of a $2.15 billion and US$350 million bank debt facility with a term of between three and five years.
-
9 May 2011
Acquired a 40 per cent stake in Energía Andina S.A., Chile’s leading geothermal exploration company.
-
20 May 2011
Partnered with Tendril on smart home development in Australia.
-
31 May 2011
Contact Stratford Peaker Power Station and Ahuroa Gas Storage Facility officially opened by New Zealand Prime Minister the Hon John Key.
-
10 June 2011
Successfully raised €500 million hybrid capital securities with 100 per cent equity credit from S&P and 50 per cent equity credit from Moody’s.
-
14 June 2011
Significant Retail Transformation milestone achieved when 300,000 customers transferred to the new SAP billing platform.
-
30 June 2011
Exploration & Production business delivered record production and sales revenues, and increased reserves.
1. The NSW energy businesses is a reference to the Intergral Energy and Country Energy retail businesses and the Eraring GenTrader arrangements.
