Corporate Governance
Alinta Energy is a stapled security comprising two entities as set out below:
Because Alinta Energy is a stapled entity, there are a number of aspects of its governance that are different from that of an ordinary listed company. Below we have set out key elements of our corporate governance framework.
1. Alinta Energy Limited (AEL)
- The AEL board currently consists of 4 directors (with the capacity to increase to 9), a majority of whom are non-executive and independent.
2. Alinta Energy Services Limited (AESL)
- AESL is the responsible entity of the Alinta Energy Trust (AET). AESL is responsible for the corporate governance of AET and the protection of AET unit holders' interests.
- In accordance with the Corporations Act, AESL has registered a Compliance Plan for AET with ASIC. The Compliance Plan outlines the measures undertaken to ensure compliance with the Corporations Act and AET's constitution.
The Board of Directors for both AEL and AESL are responsible for establishing a sound framework of corporate governance and implementing the corresponding governance culture and processes for AEL. The Boards recognise that good corporate governance and good governance procedures can add to the performance of Alinta Energy, increase securityholder value and engender the confidence of the investment community. Please click on the following link to access a copy of Alinta Energy's current Corporate Governance Statement
Alinta Energy has adopted a number of charters, policies and risk management procedures to ensure an appropriate corporate governance framework exists and is followed by its Directors and relevant staff.
For further information, click on the relevant links on the left hand side of this page.