Utilities must become energy platforms: AMP Capital

AMP Capital has joined a growing band of large global investors urging utilities and electricity distributors to switch to a cleaner, distributed energy model before it's too late.

The fund manager owns stakes in Endeavour Energy, the NSW poles and wires company, New Zealand's Powerco, and Evergen, a CSIRO spin-off which creates technology that optimises home solar and battery usage and can facilitate peer-to-peer trading of surplus solar energy.