Moody's comments on AusNet Services
Announcement: Moody's comments on AusNet Services. Global Credit Research- 16 May 2017. Sydney, May 16, 2017-- Moody's Investors Service says that AusNet Services' results for the fiscal year ended 31 March 2017 are broadly in line with Moody's expectations, and have no impact on its A3 corporate family rating and stable outlook.AusNet Services is an energy delivery business. Co. operates in four segment: electricity distribution, which delivered electricity to over 690,000 customer connection points in eastern Victoria including Melbourne's outer eastern suburbs at Mar 31 2016; gas distribution, which delivered natural gas to over 660,000 customer connection points in central and western Victoria including some of Melbourne's western suburbs at Mar 31 2016; electricity transmission, which is engaged in the transmission of electricity within the state of Victoria; and select solutions, which provides metering, asset intelligence and telecommunication solutions to the utility and infrastructure sectors.
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