Snowy Hydro

Snowy Hydro Limited
FormerlySnowy Mountains Hydro-electric Authority
Company typeCorporation
IndustryEnergy
Founded1949; 75 years ago (1949)
FounderGovernment of Australia
Government of New South Wales
Government of Victoria
Headquarters,
Area served
New South Wales
Victoria
Queensland
South Australia
Australian Capital Territory
Key people
David Knox (Chairman)
Dennis Barnes (CEO)
ProductsElectricity generation
ServicesElectricity retailing, bulk water management
Revenue$3.5 billion (2021/22)
$295 million (2021/22)
Number of employees
1,726 (2022)
ParentGovernment of Australia
SubsidiariesRed Energy
Valley Power Peaking Facility
Websitewww.snowyhydro.com.au

Snowy Hydro Limited is an electricity generation and retailing company in Australia that owns, manages, and maintains the Snowy Mountains Hydro-electric Scheme that consists of nine hydro-electric power stations and sixteen large dams connected by 145 kilometres (90 mi) of tunnels and 80 kilometres (50 mi) of aqueducts located mainly in the Kosciuszko National Park. Snowy Hydro also owns and operates two gas-fired power stations in Victoria and one in New South Wales, three diesel power stations in South Australia and owns two electricity retailing businesses, Red Energy and Lumo Energy.

The company is owned by the Government of Australia[1] and whilst not a statutory corporation, is established by the Snowy Mountains Hydro-electric Power Act 1949 (Cth). Prior to its incorporation under the Corporations Act 2001 (Cth), the company was previously known as Snowy Mountains Hydro-electric Authority.

  1. ^ "Share Sale: Business as usual at Snowy Hydro". Snowy Hydro. 2 March 2018. Retrieved 9 April 2018.