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APA Wins AER Backing for $459.5m Basslink Revenue and Regulatory Shift

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APA Wins AER Backing for $459.5m Basslink Revenue and Regulatory Shift

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APA Group ( (AU:APA) ) has shared an update.

APA Group has welcomed the Australian Energy Regulator’s final decision on its Basslink revenue proposal, which sets allowed revenue at $459.5 million for the four-year period from 1 July 2026 to 30 June 2030. The ruling paves the way for Basslink, the sole electricity interconnector between Tasmania and Victoria, to shift from a Market Services Network Provider to a regulated Transmission Network Services Provider from 1 July 2026.

Management said the outcome provides long-term certainty for both energy consumers and APA investors, underpinning reliable and efficient operation of the interconnector. The transition to regulated status is expected to reinforce Basslink’s central role in supporting energy security across Tasmania and Victoria, following a multi-year consultation and regulatory process that began with APA’s initial proposal in 2023 and subsequent revisions in 2025.

The most recent analyst rating on (AU:APA) stock is a Sell with a A$8.00 price target. To see the full list of analyst forecasts on APA Group stock, see the AU:APA Stock Forecast page.

More about APA Group

APA Group is a leading energy infrastructure business listed on the ASX, owning and operating more than $20 billion of assets across Australia. Its portfolio spans gas transmission, processing, compression and storage, as well as gas-powered and renewable generation, battery storage and electricity transmission, delivering about half of the nation’s domestic gas via over 15,000 kilometres of pipelines.

Average Trading Volume: 2,970,628

Technical Sentiment Signal: Buy

Current Market Cap: A$12.03B

For detailed information about APA stock, go to TipRanks’ Stock Analysis page.

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