Snowy Hydro
UtilitiesNew South Wales, Australia1001-5000 Employees
Snowy Hydro is an integrated energy company based in Cooma, New South Wales, operating a generation business alongside three retail brands—Red Energy, Lumo Energy, and Direct Connect. It serves more than one million homes and businesses and works to support national energy security, the transition to renewables, and healthy competition in retail markets, ranking as the fourth-largest retailer in the Australian energy sector. Its history traces back to 1949 with the Snowy Mountains Hydro-electric Scheme, and it has been governed by an independent board since incorporation in 2002. The group reports a generation capacity of around 5,500 MW, including gas- and diesel-fired assets. It is advancing renewables and storage through projects such as Snowy 2.0, a pumped-hydro expansion that will add 2,000 MW of generation and 175 hours of storage, and it has contracted more than 1,000 MW of renewable capacity from wind and solar projects.