Telstra's dramatic restructure looks to pivot to renewables

TELCO giant Telstra has revealed it is investigating ways to push into the renewable energy space in order to resell cheap power to its customers, as more and more companies blur the lines between energy and telecommunications provider.

Telstra's dramatic restructure looks to pivot to renewables  Telstra's dramatic restructure looks to pivot to renewables  Telstra's dramatic restructure looks to pivot to renewables  Telstra's dramatic restructure looks to pivot to renewables  Telstra's dramatic restructure looks to pivot to renewables

Telstra CEO Andrew Penn

In his address at Telstra's Investor Day yesterday, company CEO Andrew Penn noted the company has already been heavily involved in the sector by underwriting renewable generation via power purchase