# Australian Government takes full ownership of Snowy Hydro Limited

The Turnbull Government completed the acquisition of full ownership of Snowy Hydro Limited, paving the way for the Snowy 2.0 expansion project. The deal funds infrastructure investments in New South Wales and Victoria.

- Type: Acquisition
- Announced: 2018-07-03
- Where: Australia
- Status: completed
- Products: hydroelectric power generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Australian Government](https://endata.com/companies/19968.md) (acquirer)
- [Snowy Hydro Limited](https://endata.com/companies/32902.md) (target)

## Sources

- [ministers.finance.gov.au](https://ministers.finance.gov.au/financeminister/media-release/2018/07/03/historic-snowy-deal-now-complete), 2018-07-03: "The Turnbull Government has now taken full ownership of Snowy Hydro Limited in a deal that paves the way for the Snowy 2.0 project to proceed to a final investment decision."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.