Accel Energy Limited

AGL has confirmed its intention to undertake a demerger to create two leading, ASX-listed energy businesses, Accel Energy Limited and AGL Australia.

AGL Energy will become Accel Energy Limited, an electricity generation business focused on the accelerating energy transition. Accel Energy will demerge a new entity, AGL Australia Limited, a multi-product energy-led retailing and flexible energy trading, storage and supply business. AGL Australia will retain the AGL brand.

The creation of these new businesses will build on AGL's 180-year history of evolving and innovating as a leader in Australia's energy sector.

Learn more about the proposed demerger