Press Releases

AGL finalises acquisition of Click Energy

Published by

PRESS RELEASE

AGL today announced it had completed the acquisition of electricity and gas retailer, Click Energy Group Holdings Pty Ltd (Click Energy), a wholly owned subsidiary of ASX-listed amaysim Australia Limited, for $115 million.

AGL CEO Brett Redman said through this acquisition and building on our strong customer growth in FY20, AGL now has almost 4.2 million customer services across energy and telecommunications.

“We have continued to grow and transform our business by digitising our customer experience and offering more choice and flexibility on our products,” Mr Redman said.

“This acquisition

“Click Energy has built a successful retail energy business with more than 215,000 customer services across NSW, Victoria, QLD and South Australia.

“We’re excited to welcome Click Energy customers to AGL and we’re working closely with the team to ensure a smooth transition for their people and customers.

“Despite a challenging year, we are continuing to grow and are well on track to achieve our target of 4.5 million customer services by FY24.”

Share
Published by

Recent Posts

“This has to change:” Flurry of late orders breaks wind drought and gives global turbine giants hope for 2026

A flurry of late orders has broken the wind investment drought in Australia, with global…

23 December 2025

Modelling spot prices in a post-coal grid, when big batteries will become the price setters

Electricity prices can be kept near today’s levels in a post-coal National Electricity Market, but…

23 December 2025

Traditional Owners accuse huge NT solar and battery project of “worst consultation you can think of”

A legal move to extinguish any native claims over land proposed to host the giant…

23 December 2025

Energy Insiders Podcast: Is the wind drought over?

We discuss some of the major events of the past year - the dominance of…

23 December 2025

SEC steps in to rescue another stalled project, an Australian-first wind farm overlooking coal ruins

SEC to build state's first publicly owned wind farm, that will be the first to…

23 December 2025