Thursday, 12 November 2020

The Manager

Company Announcements

Australian Stock Exchange Limited

20 Bridge Street

SYDNEY NSW 2000

Dear Sir / Madam

Victoria Power Networks Funding Update

Spark Infrastructure announces that Victoria Power Networks (Finance) Pty Ltd ("VPNF"), the Common Funding Vehicle for Victoria Power Networks (CitiPower and Powercor), in which it holds a 49% interest, has reached agreement with investors to place 10 year AUD fixed notes via the VPNF EMTN programme.

VPNF has raised A$200 million of 10 year fixed rate notes at 2.065%.

The funds will be used for refinancing purposes for pending 2021 maturities.

Authorised by:

Alexandra Finley

Company Secretary

Level 29, Suite 29.05, Grosvenor Place, 225 George Street, Sydney NSW 2000 ABN 36 114 940 984

t +61 (0)2 9086 3600 f +61 (0)2 9086 3666 einfo@sparkinfrastructure.comwwww.sparkinfrastructure.com

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Spark Infrastructure Group published this content on 11 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2020 21:46:01 UTC