AGL Energy’s Strategic Shift with Kaluza Investment

AGL Energy Limited (AU:AGL) has released an update.

AGL Energy Limited announces a strategic partnership with Kaluza, investing AUD$150m to accelerate its Retail Transformation Program, aiming to enhance customer experience and reduce operating costs. Utilizing the Kaluza platform, AGL will transfer 4 million consumer services, expecting net benefits from FY28 and annual pre-tax cash savings of $70-90 million from FY29. This move marks a significant step in AGL’s commitment to connecting customers to a sustainable future and is expected to streamline its operations and foster product innovation.

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