APA Group (“APA”), comprising Australian Pipeline Trust and APT Investment Trust, is the leading ASX-listed energy transmission business in Australia with interests in more than 10,000 km of natural gas pipeline infrastructure, over 2,300 km of gas distribution networks in south east Queensland, coal seam gas processing plants, gas-fired power stations, gas storage facilities and two high voltage direct current electricity interconnector systems. APA’s interests also extend to the provision of operations and maintenance services to ASX-listed gas distribution and transmission company Envestra (which owns 19,100 km of natural gas distribution networks and 1,029 km of natural gas transmission pipelines), a 17.8% stake in Envestra and a one-third interest in the SEAGas pipeline.

APA operates an internalised management structure with direct operational control over its assets and no fee leakage. APA employs over 1,000 people, who variously manage all commercial, regulatory, government and stakeholder-related issues, as well as the day-to-day operations and maintenance for both APA and third party assets.

APA generates strong cash flows that enable it to fund operating expenditures and capital to support the maintenance of existing infrastructure and the growth of that infrastructure.