Australia’s largest energy producer and retailer, AGL Energy, will be dividing itself into two new companies that will focus separately on energy production and retail. Announcing the changes on March 30, AGL said it would divide into New AGL, which would take care of AGL’s multi-product retail side, including the delivery of electricity, gas, internet, and mobile services to more than 30 percent of Australian households. While the other half PrimeCo will be responsible for AGL’s portfolio of roughly 11.2 GW generation—20 percent of the total capacity within Australia’s National Electricity Market. AGL Managing Director and CEO Brett Redman said that by dividing into New AGL and PrimeCo, the company would now be able to “give each business the freedom, focus and clarity to execute their own respective strategies and growth agendas, while playing an equally important, but different, role in Australia’s energy transition.” The deadline for the split is set for …