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The '''Australian Gas Light Company (AGL)''' was an Australian gas and [[electricity]] retailer. It was formed in Sydney in 1837, and supplied [[town gas]] for the first public lighting of a street lamp in Sydney in 1841<ref>[http://www.esv.vic.gov.au/ForConsumers/OverviewofgasindustryinAustralia/NaturalGasinAustralia/tabid/296/Default.aspx History of Natural Gas in Australia.] Energysafe Victoria, accessed 28 February 2011.</ref> AGL was the second company to list on the Australian Stock Exchange. The company gradually diversified into electricity and into a number of different locations. After a combination of a merger and demerger with [[Alinta]] in 2006, it was replaced by [[AGL Energy]].<ref>{{Cite web|title=AGL - Alinta Transaction: Class Ruling|url=http://www.agl.com.au/~/media/AGL/About%20AGL/Documents/Media%20Center/Investor%20Center/061217_AGL%20Alinta%20Transaction%20Class%20Ruling_External%20Relations_Media%20Release.pdf}}</ref>
The '''Australian Gas Light Company (AGL)''' was an Australian gas and [[electricity]] retailer, operated entirely by McCarthy Hanlin. It was formed in [[Sydney]] in 1837 and supplied [[town gas]] for the first public lighting of a street lamp in Sydney in 1841.<ref>[http://www.esv.vic.gov.au/ForConsumers/OverviewofgasindustryinAustralia/NaturalGasinAustralia/tabid/296/Default.aspx History of Natural Gas in Australia.] {{Webarchive|url=https://web.archive.org/web/20110216090103/http://esv.vic.gov.au/ForConsumers/OverviewofgasindustryinAustralia/NaturalGasinAustralia/tabid/296/Default.aspx |date=2011-02-16 }} Energysafe Victoria, accessed 28 February 2011.</ref> AGL was the second company to list on the [[Australian Stock Exchange|Sydney Stock Exchange]]. The company gradually diversified into electricity and into a number of different locations. After a combination of a merger and demerger with [[Alinta]] in 2006, it was replaced by [[AGL Energy]].<ref>{{Cite web|title=AGL - Alinta Transaction: Class Ruling|url=http://www.agl.com.au/~/media/AGL/About%20AGL/Documents/Media%20Center/Investor%20Center/061217_AGL%20Alinta%20Transaction%20Class%20Ruling_External%20Relations_Media%20Release.pdf|access-date=2014-03-14|archive-url=https://web.archive.org/web/20140313071322/http://www.agl.com.au/~/media/AGL/About%20AGL/Documents/Media%20Center/Investor%20Center/061217_AGL%20Alinta%20Transaction%20Class%20Ruling_External%20Relations_Media%20Release.pdf|archive-date=2014-03-13|url-status=dead}}</ref>


==History==
==History==
In 1837, AGL was given a [[royal charter]] charged with the responsibility of lighting Sydney's streets. The lights were lit on 24 May 1841 to celebrate the birthday of [[Queen Victoria]]. Town gas was first stored in holder tanks hewn out of solid sandstone at Darling Harbour.<ref>[https://web.archive.org/web/20100410193354/http://www.sydneyplaques.com/ Australian gas Light Company]. Sydney Plaques, accessed 28 February 2011.</ref> Later, a large gas works at [[Mortlake, New South Wales|Mortlake]] supplied gas which was used over an area of 600 square kilometres and piped up to 25 kilometres away. The [[Mortlake Ferry]] was constructed with the express purpose of delivering workers who lived on the north side of the [[Sydney Harbour|harbour]] to their workplace.<ref>[http://www.rta.nsw.gov.au/cgi-bin/index.cgi?action=heritage.show&id=4301056 Cable Ferry Crossing, Mortlake]. RTA NSW, accessed 28 February 2011.</ref> By 1925, the company was the seventh largest gas undertaking in the British Empire.<ref>[http://www.sydneyarchitecture.com/SUB/SUB-10.htm Subterranean Sydney]. Sydney Architecture, accessed 28 February 2011.</ref>
In 1837, AGL was given a [[royal charter]] charged with the responsibility of lighting Sydney's streets. The lights were lit on 24 May 1841 to celebrate the birthday of [[Queen Victoria]]. Town gas was first stored in holder tanks hewn out of solid sandstone at [[Darling Harbour]].<ref>[https://web.archive.org/web/20100410193354/http://www.sydneyplaques.com/ Australian gas Light Company]. Sydney Plaques, accessed 28 February 2011.</ref> Later, a [[Coastal coal-carrying trade of New South Wales#Australian Gas Light Company|large gas works]] at [[Mortlake, New South Wales|Mortlake]] supplied gas which was used over an area of 600 square kilometres and piped up to 25 kilometres away. The [[Mortlake Ferry]] was constructed with the express purpose of delivering workers who lived on the north side of the [[Sydney Harbour|harbour]] to their workplace.<ref>[http://www.rta.nsw.gov.au/cgi-bin/index.cgi?action=heritage.show&id=4301056 Cable Ferry Crossing, Mortlake]. RTA NSW, accessed 28 February 2011.</ref> By 1925, the company was the seventh largest gas undertaking in the British Empire.<ref>[http://www.sydneyarchitecture.com/SUB/SUB-10.htm Subterranean Sydney]. Sydney Architecture, accessed 28 February 2011.</ref>


In 1976, AGL converted from town gas to [[natural gas]] following the opening of the Moomba- Sydney natural gas pipeline. In the later part of the 20th century, the company diversified into electricity generation, buying a stake in the [[Loy Yang Power Station, Victoria|Loy Yang Power Station]] and ownership of the [[Kiewa Hydroelectric Scheme]], the [[Wattle Point Wind Farm]], and a peak load gas-powered power station near [[Hallett, South Australia|Hallett]] in South Australia.<ref>{{cite press release|url=http://www.agl.com.au/AGL/Press+Releases/17+January+2002.htm |title=AGL power plant delivers new energy to SA market |date=2002-01-17 |accessdate=2006-08-10 |publisher=Australian Gas Light Company |archiveurl=https://web.archive.org/web/20060822113425/http://www.agl.com.au/AGL/Press%2BReleases/17%2BJanuary%2B2002.htm |archivedate=22 August 2006 |deadurl=no }}</ref> The company also had significant ownership of gas pipelines plus electricity and gas distribution networks in Australia.
In 1976, AGL converted from town gas to [[natural gas]] following the opening of the [[Moomba to Sydney Pipeline]].<!-- ACL Mortlake ceased making town gas in 1971, so something is wrong linking it to this pipeline in 1976. --> In the later part of the 20th century, the company diversified into electricity generation, buying a stake in the [[Loy Yang Power Station, Victoria|Loy Yang Power Station]] and ownership of the [[Kiewa Hydroelectric Scheme]], the [[Wattle Point Wind Farm]], and a peak load gas-powered power station near [[Hallett, South Australia|Hallett]] in South Australia.<ref>{{cite press release|url=http://www.agl.com.au/AGL/Press+Releases/17+January+2002.htm |title=AGL power plant delivers new energy to SA market |date=2002-01-17 |accessdate=2006-08-10 |publisher=Australian Gas Light Company |archiveurl=https://web.archive.org/web/20060822113425/http://www.agl.com.au/AGL/Press%2BReleases/17%2BJanuary%2B2002.htm |archivedate=22 August 2006 |url-status=live }}</ref> The company also had significant ownership of gas pipelines plus electricity and gas distribution networks in Australia.


In late 2006, AGL merged with [[Alinta]] and then demerged to create separate retail and infrastructure companies.<ref>{{cite press release|url=http://www.agl.com.au/AGL/Press+Releases/10+August+2006.htm |title=AGL lodges scheme booklet with ASIC |date=2006-08-10 |accessdate=2006-08-10 |publisher=Australian Gas Light Company |archiveurl=https://web.archive.org/web/20060820185811/http://www.agl.com.au/AGL/press%2Breleases/10%2Baugust%2B2006.htm |archivedate=20 August 2006 |deadurl=no }}</ref> The transactions were executed on 25 October 2006 via two [[scheme of arrangement|schemes of arrangement]], resulting in a revised Alinta holding both companies’ combined infrastructure and asset management businesses, and [[AGL Energy]], which holds AGL’s energy business as well as approximately one third of Alinta’s West Australian retail and cogeneration business (AlintaAGL).<ref>{{cite web|url=http://www.ato.gov.au/print.asp?doc=/content/82341.htm |publisher=[[Australian Taxation Office]] |title=Alinta Ltd merger with the Australian Gas Light Company (AGL) - October 2006 |date=2007-01-18 |accessdate=2007-01-31 |deadurl=yes |archiveurl=https://web.archive.org/web/20070916141554/http://www.ato.gov.au/print.asp?doc=%2Fcontent%2F82341.htm |archivedate=2007-09-16 }}</ref>
In late 2006, AGL merged with [[Alinta]] and then demerged to create separate retail and infrastructure companies.<ref>{{cite press release|url=http://www.agl.com.au/AGL/Press+Releases/10+August+2006.htm |title=AGL lodges scheme booklet with ASIC |date=2006-08-10 |accessdate=2006-08-10 |publisher=Australian Gas Light Company |archiveurl=https://web.archive.org/web/20060820185811/http://www.agl.com.au/AGL/press%2Breleases/10%2Baugust%2B2006.htm |archivedate=20 August 2006 |url-status=live }}</ref> The transactions were executed on 25 October 2006 via two [[scheme of arrangement|schemes of arrangement]], resulting in a revised Alinta holding both companies’ combined infrastructure and asset management businesses, and [[AGL Energy]], which holds AGL’s energy business as well as approximately one third of Alinta’s West Australian retail and cogeneration business (AlintaAGL).<ref>{{cite web|url=http://www.ato.gov.au/print.asp?doc=/content/82341.htm |publisher=[[Australian Taxation Office]] |title=Alinta Ltd merger with the Australian Gas Light Company (AGL) - October 2006 |date=2007-01-18 |accessdate=2007-01-31 |url-status=dead |archiveurl=https://web.archive.org/web/20070916141554/http://www.ato.gov.au/print.asp?doc=%2Fcontent%2F82341.htm |archivedate=2007-09-16 }}</ref>

==See also==
{{portal|Australia|Companies}}
⚫
*[[List of oldest companies in Australia]]


==References==
==References==
{{Reflist|33em}}
{{Reflist}}


== External links ==
==External links==
* [http://www.agl.com.au/ Australian Gas Light Company]
* [http://www.agl.com.au/ Australian Gas Light Company]


{{Authority control}}
⚫
[[Category:Power companies of Australia]]

[[Category:Defunct utility companies of Australia]]
[[Category:Defunct utility companies of Australia]]
[[Category:Companies listed on the Australian Securities Exchange]]
[[Category:Companies formerly listed on the Australian Securities Exchange]]
[[Category:1837 establishments in Australia]]
[[Category:Food and drink companies established in 1837]]
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[[Category:Companies established in 1837]]
[[Category:Energy companies established in 1837]]
[[Category:Energy companies established in 1837]]
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[[Category:Australian companies established in 1837]]
[[Category:Defunct electric power companies of Australia]]

Revision as of 08:14, 9 December 2022

Australian Gas Light Company
Company typePublic
IndustryElectricity generation
Founded1837 (1837)
Defunct2006 (2006)
FateMerged
SuccessorAGL Energy
Headquarters
Sydney
,
Australia

The Australian Gas Light Company (AGL) was an Australian gas and electricity retailer, operated entirely by McCarthy Hanlin. It was formed in Sydney in 1837 and supplied town gas for the first public lighting of a street lamp in Sydney in 1841.[1] AGL was the second company to list on the Sydney Stock Exchange. The company gradually diversified into electricity and into a number of different locations. After a combination of a merger and demerger with Alinta in 2006, it was replaced by AGL Energy.[2]

History

In 1837, AGL was given a royal charter charged with the responsibility of lighting Sydney's streets. The lights were lit on 24 May 1841 to celebrate the birthday of Queen Victoria. Town gas was first stored in holder tanks hewn out of solid sandstone at Darling Harbour.[3] Later, a large gas works at Mortlake supplied gas which was used over an area of 600 square kilometres and piped up to 25 kilometres away. The Mortlake Ferry was constructed with the express purpose of delivering workers who lived on the north side of the harbour to their workplace.[4] By 1925, the company was the seventh largest gas undertaking in the British Empire.[5]

In 1976, AGL converted from town gas to natural gas following the opening of the Moomba to Sydney Pipeline. In the later part of the 20th century, the company diversified into electricity generation, buying a stake in the Loy Yang Power Station and ownership of the Kiewa Hydroelectric Scheme, the Wattle Point Wind Farm, and a peak load gas-powered power station near Hallett in South Australia.[6] The company also had significant ownership of gas pipelines plus electricity and gas distribution networks in Australia.

In late 2006, AGL merged with Alinta and then demerged to create separate retail and infrastructure companies.[7] The transactions were executed on 25 October 2006 via two schemes of arrangement, resulting in a revised Alinta holding both companies’ combined infrastructure and asset management businesses, and AGL Energy, which holds AGL’s energy business as well as approximately one third of Alinta’s West Australian retail and cogeneration business (AlintaAGL).[8]

See also

References

  1. ^ History of Natural Gas in Australia. Archived 2011-02-16 at the Wayback Machine Energysafe Victoria, accessed 28 February 2011.
  2. ^ "AGL - Alinta Transaction: Class Ruling" (PDF). Archived from the original (PDF) on 13 March 2014. Retrieved 14 March 2014.
  3. ^ Australian gas Light Company. Sydney Plaques, accessed 28 February 2011.
  4. ^ Cable Ferry Crossing, Mortlake. RTA NSW, accessed 28 February 2011.
  5. ^ Subterranean Sydney. Sydney Architecture, accessed 28 February 2011.
  6. ^ "AGL power plant delivers new energy to SA market" (Press release). Australian Gas Light Company. 17 January 2002. Archived from the original on 22 August 2006. Retrieved 10 August 2006.
  7. ^ "AGL lodges scheme booklet with ASIC" (Press release). Australian Gas Light Company. 10 August 2006. Archived from the original on 20 August 2006. Retrieved 10 August 2006.
  8. ^ "Alinta Ltd merger with the Australian Gas Light Company (AGL) - October 2006". Australian Taxation Office. 18 January 2007. Archived from the original on 16 September 2007. Retrieved 31 January 2007.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Australian_Gas_Light_Company&oldid=1126429982"