Founded in 2014 with headquarters in Melbourne, AST owns regulated energy networks in Victoria.

“It offers an attractive, partly-franked dividend yield, relatively high certainty of revenues, and strong asset base growth arising from both regulated and contracted opportunities.

“Investment opportunities available in the ASX-listed energy infrastructure space have dwindled further with the takeover bid for SKI.

“We prefer AST over APA, given APA’s greater fossil fuel exposure,” Raymond said.

Ausnet Services Ltd (AST)

Source: Google

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