The AER has today issued an amended RoLR (Retailer of Last Resort) notice in relation to electricity retailer Flow Systems Pty Ltd (Flow Systems). The amended notice advises that Flow Systems was sold to Brookfield FS Holdings Pty Ltd on 15 April 2019. Flow Systems is no longer under external administration and is trading as usual. Electricity supply arrangements for Flow Systems' customers were not impacted.
The AER issued a RoLR notice on 15 February 2019 in relation to Flow Systems, following Flow Systems going into voluntary administration on 20 December 2018. The AER did not revoke Flow Systems’ retailer authorisation.
Flow Systems continues to supply electricity to customers in embedded networks. Flow Systems has approximately 2,000 customers, mainly residential, in five embedded network sites in Queensland and New South Wales.