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sparkinfrastructure ● Highlights for HY2021 ( in comparison to HY2020 ) : Significant growth in the Regulated and Contracted Asset Base ( RCAB ) in HY2021 - up 4.5 % to $ 6,899 million ( aggregated proportional basis ) , with TransGrid undertaking a number of significant augmentation upgrades to its network supporting the energy transition Look - through net operating cash flow before tax up 6.6 % to $ 201.2 million Standalone net operating cash flow up 14.7 % to $ 51.6 million Good financial performance with look - through EBITDA of $ 402.1 million , down 7.1 % reflecting reduced regulatory returns under new regulatory determinations now in operation New determinations for SA Power Networks and Victoria Power Networks provide regulatory certainty for the next 4 and 5 years respectively ● ● ● ● ● ● ASX RELEASE Tuesday , 24 August 2021 ● RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 ( HY2021 ) TransGrid successfully reached Final Investment Decision to build EnergyConnect , a 900km high - capacity electricity interconnector between South Australia and New South Wales after receiving a regulatory capital allowance of $ 1,834 million ( $ 2017-18 ) Growing high quality pipeline of early stage renewables projects , including Dinawan Energy Hub , a renewable energy generation and storage hub for up to 2.5GW situated in the NSW South - West Renewable Energy Zone Leading Environmental , Social and Corporate Governance ( ESG ) credentials Strong investment grade balance sheets with corporate debt facilities of $ 400 million Interim 2021 distribution of 6.25 cents per security ( cps ) declared and will include franking credits of approximately 1.5cps Following receipt of a binding Offer to acquire Spark Infrastructure , on 23 August 2021 Spark Infrastructure entered into a Scheme Implementation Deed for an all cash offer at $ 2.95 per stapled security less any distributions subsequently paid or declared , i.e. $ 2.8875 per stapled security after payment of the interim distribution for 2021 of 6.25 cps , due for payment on 15 September 2021 Spark Infrastructure today released its financial results for the 6 months ended 30 June 2021. The previously announced distribution for the period of 6.25 cps will be payable on 15 September 2021. It is expected that franking credits of approximately 1.5 cps will be attached to the distribution . The Distribution Reinvestment Plan ( DRP ) has been suspended for the time being due to the signing of the Scheme Implementation Deed on 23 August 2021 . Spark Infrastructure Chair , Dr Doug McTaggart said : " The Board of Spark Infrastructure is pleased to deliver an interim distribution of 6.25 cents per security to our Securityholders in line with guidance provided at the beginning of 2021. The high proportion of regulated and contracted assets in our portfolio of high quality and scarce essential infrastructure businesses provides us with confidence around cash flows and 1