Spark Infrastructure is a specialist infrastructure fund. Its objective is to invest in regulated utility infrastructure, both within Australia and overseas. This includes electricity and gas distribution and transmission and regulated water and sewage assets. Spark Infrastructure was listed on the Australian Securities Exchange in December 2005 and today has a market capitalization of around A$1.2 billion. The Manager and Responsible Entity of Spark Infrastructure is 50% jointly owned by Cheung Kong Infrastructure (CKI) and RREEF Infrastructure (RREEF). Spark Infrastructure's current portfolio comprises a 49% interest in three high quality Australian electricity distribution businesses, ETSA Utilities in South Australia and CitiPower and Powercor in Victoria.