Snowy Hydro Limited
Snowy Hydro · Snowy Hydro Ltd
28 June 2002 – present
Electricity generator and retailer that owns and operates the Snowy Mountains Scheme and other power stations, sells power in the National Electricity Market through retail brands, and is building the Snowy 2.0 pumped-hydro expansion.
How it came into existence
Took over the Snowy Mountains Scheme on 28 June 2002 under the Snowy Hydro Corporatisation Act 1997 and matching New South Wales and Victorian Acts, replacing the Snowy Mountains Hydro-electric Authority. It was initially owned by New South Wales (58 per cent), Victoria (29 per cent) and the Commonwealth (13 per cent).
- Ownership and operation of the Snowy Mountains Scheme
- Electricity generation and water releases
Corporatised as a company owned by the Commonwealth, New South Wales and Victoria.
Legislation: Snowy Hydro Corporatisation Act 1997
Changes during its life
- June 2006A proposed public float of the company by its three government owners was abandoned.
- 2 July 2018The Commonwealth bought the New South Wales and Victorian shareholdings, making Snowy Hydro wholly owned by the Commonwealth.
Main functions
- Hydro-electric and gas-fired electricity generation
- Operation of the Snowy Mountains Scheme
- Release of water to the Murray and Murrumbidgee river systems
- Electricity and gas retailing
- Construction of the Snowy 2.0 pumped-hydro project
Where it sits
In the portfolio of Department of Climate Change, Energy, the Environment and Water.
- Type of body
- Commonwealth company, limited by shares
- Portfolio
- Climate Change, Energy, the Environment and Water
- Accountable authority
- Board of Directors
- ABN
- 17 090 574 431
Lineage
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Sources
Primary sources
- List of Commonwealth entities and companies under the PGPA Act, 1 July 2026 (Department of Finance)
- Australian Government Organisations Register (Department of Finance, data.gov.au) (listed from 11 December 2014 to the latest release (30 June 2026))