Australian Gas Light Company
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The Australian Gas Light Company (AGL) was an Australian gas and
electricity Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as describ ...
retailer, operated entirely by McCarthy Hanlin. It was formed in Sydney in 1837 and supplied
town gas Coal gas is a flammable gaseous fuel made from coal and supplied to the user via a piped distribution system. It is produced when coal is heated strongly in the absence of air. Town gas is a more general term referring to manufactured gaseous ...
for the first public lighting of a street lamp in Sydney in 1841. 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 Alinta was an Australian energy infrastructure company. It has grown from a small, Western Australia-based gas distributor and retailer to the largest energy infrastructure company in Australia. It was bought in 2007 by a consortium including ...
in 2006, it was replaced by AGL Energy.


History

In 1837, AGL was given a
royal charter A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent. Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta (great charter) of 1215, but s ...
charged with the responsibility of lighting Sydney's streets. The lights were lit on 24 May 1841 to celebrate the birthday of
Queen Victoria Victoria (Alexandrina Victoria; 24 May 1819 – 22 January 1901) was Queen of the United Kingdom of Great Britain and Ireland from 20 June 1837 until her death in 1901. Her reign of 63 years and 216 days was longer than that of any previo ...
. Town gas was first stored in holder tanks hewn out of solid sandstone at Darling Harbour. Later, a large gas works at
Mortlake Mortlake is a suburban district of the London Borough of Richmond upon Thames on the south bank of the River Thames between Kew and Barnes. Historically it was part of Surrey and until 1965 was in the Municipal Borough of Barnes. For many cen ...
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. By 1925, the company was the seventh largest gas undertaking in the British Empire. In 1976, AGL converted from town gas to
natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ...
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 Kiewa Hydroelectric Scheme is the largest hydro-electric scheme in the Australian state of Victoria and the second-largest in mainland Australia after the Snowy Mountains Scheme. The scheme is situated in the Australian Alps in north-easte ...
, the Wattle Point Wind Farm, and a peak load gas-powered power station near Hallett in South Australia. The company also had significant ownership of gas pipelines plus electricity and gas distribution networks in Australia. In late 2006, AGL merged with
Alinta Alinta was an Australian energy infrastructure company. It has grown from a small, Western Australia-based gas distributor and retailer to the largest energy infrastructure company in Australia. It was bought in 2007 by a consortium including ...
and then demerged to create separate retail and infrastructure companies. The transactions were executed on 25 October 2006 via two
schemes of arrangement A scheme of arrangement (or a "scheme of reconstruction") is a court-approved agreement between a company and its shareholders or creditors (e.g. lenders or debenture holders). It may affect mergers and amalgamations and may alter shareholder ...
, 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).


See also

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List of oldest companies in Australia This list of oldest businesses and companies in Australia includes businesses, whether incorporated or organised in a different form (such as a partnership). However, the list excludes non-commercial associations and educational, governmental, or ...


References


External links


Australian Gas Light Company
{{Authority control Defunct utility companies of Australia Companies formerly listed on the Australian Securities Exchange Food and drink companies established in 1837 Energy companies established in 1837 Australian companies established in 1837 Defunct electric power companies of Australia