AGL Energy is the largest
Australian gas and electricity retailer, with over six million customers. It has large investments in the supply of gas and electricity, and has recently invested in sustainable energy businesses such as wind farms and a hydroelectric power station in Victoria’s High Country. Listed on the Australian Securities Exchange (ASX code: AGK), AGL is an S&P/ASX 50 company with a market capitalisation of about A$7billion. The company has been operating in Australia for 170 years and was one of its first listed companies. It maintains a BBB investment grade credit rating from Standard & Poor’s.
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