AGL announced a partnership and equity investment in Kaluza to overhaul customer operations, improve experiences, and cut costs.

Over the next three years, AGL will implement the Kaluza platform across its 4 million consumer electricity and gas services, projecting annual pre-tax savings of $70-90 million from FY29.

The program, costing approximately $300 million over four years starting FY24, includes a $150 million investment in Kaluza, securing a 20% interest.