Australian Utilities Trust

Australian Utilities Trust (AUT) is a fund of funds that invests in Australian infrastructure assets. It is managed by Morrison & Co Utilities Management (Australia) Pty Ltd, an authorised representative of H.R.L. Morrison & Co Private Markets Pty Ltd, which holds an Australian Financial Services Licence. AUT's portfolio includes significant stakes in companies such as ElectraNet, South Australia's principal electricity transmission network. In November 2025, Australian Retirement Trust (ART) acquired AUT's indirect stake in ElectraNet, further strengthening ART's commitment to Australia's infrastructure and energy transition. AUT's investments aim to deliver attractive returns for its stakeholders while supporting the growth and development of essential infrastructure in Australia.

AUT's investment strategy focuses on infrastructure assets within Australia, targeting growth, late-stage, and buyout opportunities. The fund's approach involves partnering with experienced managers and co-investing in established infrastructure projects to enhance value and achieve long-term returns. By leveraging the expertise of its management team and strategic partners, AUT seeks to identify and invest in high-quality infrastructure assets that contribute to the economic development and energy transition of Australia.

Through its investments, AUT plays a role in facilitating stable access to energy across Australia, supporting economic growth, and advancing the country's target of achieving 100% net renewable energy by 2027. The fund's commitment to infrastructure development aligns with national objectives and contributes to the sustainable growth of the Australian economy.