Victorian Labor has sought advice from EY on strategic options for the business, which operates nearly $18 billion of pipes, plants and other infrastructure.

What is on EY’s to-do list is unclear, but it is expected to look at strategic options that could extend to selling or monetising some or all of the assets.

Victorian Labor has sought advice from EY on strategic options for the business, which operates nearly $18 billion of pipes, plants and other infrastructure.