In November 2017, AGL sold 100% of the shares in its digital metering subsidiary, Active Stream, and associated metering assets to Ausgrid.
In line with AGL’s desire to become technology agnostic in the development energy products and services, AGL decided to divest its smart meter business.
ICA Partners provided sell side advisory services, including strategic advice, bidder engagement and management, Q&A, financial modelling, and negotiation support.