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BRIEF-Spark Infrastructure Group notes AER final determination for SA Power Networks

Published 29/10/2015, 10:47 am
© Reuters.  BRIEF-Spark Infrastructure Group notes AER final determination for SA Power Networks
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Oct 29 (Reuters) - Spark Infrastructure Group SKI.AX :

* Notes that the aer has released its final determination on sa power networks' 5-year regulatory period which started on 1 July 2015

* Sa power networks will continue to operate under terms of aer's preliminary determination for the first 12 months of its 5-year regulatory period

* `no disadvantage' true up will then occur with any under-recovery of revenue to be made up in years 2-5 of regulatory period

* Sa power networks is reviewing the final determination"

* Also notes number of appeal matters relevant to rate of return for network service providers are currently before Australian competition tribunal

* Source text for Eikon ID:nASX643kBw

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