Shareholders in ASX-listed Origin Energy have rejected a takeover bid by a consortium led by private equity giants Brookfield and EIG.  

AustralianSuper, Origin’s largest institutional shareholder with a 17 per cent-plus stake in the energy company, had opposed the scheme on the grounds that it believed it did not reflect Origin’s true market value as a rare opportunity for its members to profit from the energy transition. 

The fund said it was open to providing capital to Origin as it transitions to the low-carbon economy.