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About Vector Limited
VCT owns and operates the Auckland electricity distribution network, an extensive gas transmission and distribution network, and has ~550,000 electricity and ~160,000 gas connections. The Electricity and Gas Transport divisions provide most (~75%) of VCT's earnings which are regulated by the Commerce Commission. Unregulated businesses include a natural gas trading business, LPG business, telecommunications business and metering business. VCT also owns 60% of Liquigas and 22% of NWF. VCT's majority shareholder is the Auckland Energy Consumer Trust which owns 75%.