SYDNEY -- A tussle for ownership of a vast electricity network in Australia is shaping up as a test of the country's attitude toward foreign investment in critical infrastructure, months after Canberra tightened approval rules for overseas owners.
AusNet Services, which owns and operates the electricity transmission network and gas and power distribution assets in the country's second-most-populous state of Victoria, is at the center of a bidding battle between Canadian investment company Brookfield and Australia's biggest gas pipeline operator, APA Group.
