Good evening,

NSW electricity transmissions company Transgrid is staring down a $17 billion capex bill to build new high-voltage lines to feed renewable power into the grid, including the $4 billion-plus EnergyConnect and the near $5 billion HumeLink.

But, it is also one of the fastest-growing among global peers including Italy’s Terna, Scotland’s SP Energy Networks and Canada’s Hydro One, in addition to growing faster than Aussie equivalents such as ElectraNet.

That’s according to Barrenjoey, which has been mandated to sell a 19.99 per cent stake in Transgrid held by the Abu Dhabi Investment Authority’s Tawreed Investments, amid the biggest ownership shake-up since the NSW government privatised the asset in 2015 as revealed in a series of reports by Street Talk over the past month.

Read the full story:Inside Barrenjoey’s pitch to sell 19.99 per cent of NSW’s Transgrid

Read the full story tomorrow and more on the Street Talk page.

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