11 January 2007, and the company was clearly for sale to the highest bidder. Alinta was acquired on 31 August 2007 by a consortium comprising Singapore Power International (SPI), the largest utility company in Singapore, and Australia's second-largest investment bank, Babcock & Brown Infrastructure (BBI) and Babcock & Brown Power (BBP) with a bid of A$13.9 billion, beating out a rival bid by Macquarie Bank. Alinta was delisted from the Australian Securities Exchange in September 2007. Alinta was split into the following businesses: Alinta, retaining the Western Australian gas retail business. Alinta Limited for a time was known as Westnet Infrastructure Group Limited. In 2017, This business now trading as Alinta Energy was acquired by Hong Kong-based Chow Tai Fook Enterprises. WestNet Energy, which provides asset management, operational, construction and maintenance services to the owners of the AlintaGas Networks gas distribution system in Western Australia; and to the owners of the Dampier to Bunbury Natural Gas Pipeline. It is also a major contractor in overhead and underground electricity cabling. Alinta LGA, renamed to Jemena on 4 August 2008, which manages energy infrastructure assets in the eastern states of Australia including Queensland and New South Wales, and gas pipelines and gas and electricity distribution networks in Victoria. Later, ownership of Jemena passed to Singapore Power International, and its name was changed to SPI (Australia) Assets Pty Ltd. In 2014, State Grid Corporation of China acquired a 60% stake in Jemena, and the company's name was changed to SGSP (Australia) Assets Pty Ltd (SGSPAA). The company continues to trade as Jemena. Since the restructuring Alinta has continued to grow and diversify to become one of Australia's largest energy companies. Alinta has been a key investor in Australia's renewable energy projects and plans to build the world's largest offshore wind farm, a 50 MW solar thermal plant at Port Augusta in South Australia in 2013. References External links Australian Science at Work – State Electricity Commission of Western Australia (1945–1975) Australian Science at Work – State Energy Commission of Western Australia (1975–1995) Former government-owned companies of Western Australia