DUET Group (DUET) is an ASX-listed owner of energy utility assets in Australia and the United States. DUET is managed jointly by AMP Capital Investors Limited and Macquarie Capital Group Limited.
DUET consists of three registered managed investment schemes and an Australian public company: Diversified Utility and Energy Trust No.1 (DUET1), Diversified Utility and Energy Trust No.2 (DUET2), Diversified Utility and Energy Trust No.3 (DUET3) and DUET Investment Holdings Limited (DIHL). These four entities are stapled together and trade on the Australian Securities Exchange (ASX) as one DUET Group security (DUE.ASX).
The responsible entity of DUET1 is AMPCI Macquarie Infrastructure Management No.1 Limited. The responsible entity of DUET2 is AMPCI Macquarie Infrastructure Management No.2 Limited. The responsible entity of DUET3 is AMPCI Macquarie Infrastructure Management No.2 Limited.
DIHL is advised by AMPCI Macquarie Infrastructure Management No.1 in its personal capacity.
The responsible entities are jointly owned (50:50) by AMP Capital Holdings Limited (AMPCH) and Macquarie.
DUET's management team has expert knowledge of, and experience in, the energy utility sector, and the responsible entities have access to the combined infrastructure expertise and investment management resources of the Macquarie Group and the AMP Capital Group
DUET is managed jointly (50:50) by AMPCH and the Macquarie Group (Macquarie). DUET’s management team has expert knowledge of, and experience in, the energy utility sector, and the responsible entities will have access to the combined infrastructure expertise and investment management resources of Macquarie and AMP Capital Group. Each of the responsible entities and DIHL has an experienced board of directors, a majority of whom are independent from DUET, the AMP Capital Group and Macquarie.
Legal framework and management arrangements
The DUET Group (DUET) is a Macquarie Group (Macquarie) and AMP Capital Investors Limited...