Snowy Hydro
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Snowy Hydro Limited is a water and integrated energy business. Under a stringent water licence, Snowy Hydro captures, stores, diverts water and releases it for the use of irrigators, town water supplies and the environment. In addition, Snowy Hydro is a producer, supplier, trader and retailer of energy in the National Electricity Market and a provider of risk management financial hedge contracts.
Snowy Hydro owns and operates 16 power stations with a combined generation capacity of 5,500 megawatts, including the Snowy Mountains Hydro Electricity Scheme, and has more than one million retail customers in the National Electricity Market.
Snowy Hydro became a Commonwealth company on 29 June 2018 and was prescribed as a Government Business Enterprise on 1 July 2018.