MEDIA RELEASE

AusNet Services’ commercial businesses to unite as Mondo and help build a bright future.

AusNet Services’ commercial energy businesses will, from December 3rd, be known as Mondo.

Mondo will provide the most comprehensive range of services and technology for essential infrastructure across the energy, water and transport sectors.

Nino Ficca, Managing Director of AusNet Services said “People, communities and businesses are demanding more affordability, flexibility, reliability and sustainability right across the board. This includes the way they use, capture and store electricity, gas and water. Mondo brings together the personnel, experience and industry knowledge to best cater to this challenging changing landscape.”

Select Solutions and Geomatic Technologies have for years been the leaders in metering, mobile and spatial technology solutions for the utility and transport industries. Mondo began in 2017, focusing on distributed energy offerings such as mini-grids, virtual power plants and energy management for commercial and community partners.

Together as Mondo the organisation will build on an already impressive portfolio of projects, valued at almost $1 billion dollars. These projects, including large capacity batteries and Australia’s first commercial mini grid in Yackandandah, demonstrate Mondo’s expertise delivering value for large-scale infrastructure projects and grass-roots community groups.
Mondo will continue developing regional energy hubs, initially for Hume and Barwon in Victoria.

A key pillar in Barwon is a partnership with Deakin University to work on the $30 million dollar project at their Waurn Ponds campus, incorporating large scale solar and battery storage.

”Mondo is now Australia’s leading provider of services for the rapidly changing industries of electricity, gas, transport and critical infrastructure.” – said Chad Hymas, Executive General Manager of Mondo.

As the energy, water and transport infrastructure sectors evolve, the services offered by Geomatic Technologies, Select Solutions and Mondo Power have become increasingly integrated. Now the businesses come together to operate as Mondo.

About Mondo

At Mondo, we see a bright future. There have never been more options for how we use electricity, water, gas and transport. We help businesses and communities make sense of what’s possible, then plan and deliver solutions to keep everyone ahead of the rapidly changing landscape.

From connecting Australia’s renewables to the grid, to helping maintain water and gas networks or assisting regional communities achieve their energy goals, we improve the way things flow today, then seek ways to do this even better tomorrow. Because when we can help make sense of what’s possible, we think you’ll get excited about the future too.

Mondo. Bright Future.

About AusNet Services

AusNet Services is Victoria’s largest energy delivery service, owning and operating approximately $11 billion of electricity and gas distribution and transmission assets that connect into more than 1.3 million Victorian homes and businesses. AusNet Services is listed on the Australian Securities Exchange (ASX: AST)