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Origin Energy Contact Finance No. 2

Details
Website Origin Energy Contact Finance No. 2
Credit Agency Name Credit Rating Outlook
Corporate credit rating(s) Standard & Poors (S&P) BBB- Stable


Description

The issuer is a special purpose subsidary of Origin Energy established to issue the bonds.

Origin is the leading Australian integrated energy company. Being integrated, Origin has diverse operations spanning across the energy supply chain; from gas exploration and production to power generation and energy retailing.

In Australia, Origin has 4.5 million customers and is the largest energy retailer. Origin also has significant power generation capacity and is responsible for around 13 per cent of Australia's electricity generation.

Through a 42.5 per cent interest in Australia Pacific LNG, Origin is seeking to develop one of Australia's largest coal seam gas (CSG) to liquefied natural gas (LNG) projects. Located in Queensland and based on Australia’s largest CSG reserves and resources, Australia Pacific LNG is expected to play an important role in delivering cleaner sources of energy to Asia.

Origin is also a significant investor in renewable energy technologies including geothermal, wind, hydro and solar.

Listed on the Australian Securities Exchange in the S&P/ASX20, Origin employs more than 5,200 people and has a long history of operating in Australia.

Origin is headquartered in Sydney, NSW.

  • ASX Top 20 by market capitalisation
  • 5,200+ employees
  • 150,000+ shareholders
  • 52.8% interest in Contact Energy
  • 4.5 million Gas, electricity and LPG customers across Australia
  • Market leading green energy retailer
  • 5,310 MW owner or contracted generation capacity
  • 3,000 MW total wind development portfolio