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NZX extends trading hours for S&P Global Index change
The NZX is extending its trading hours by 45 minutes today.
The NZX is extending its trading hours by 45 minutes today.
Investors' focus is on Meridian and Contact as an index change looms.
Megan Woods questions state of electricity prices amid hydro and gas shortage.
Several major businesses have taken advantage of Generator space.
A routine spraying operation to control pests goes wrong, killing 1.1ha of vegetation.
Contact Energy has outlined its plans for a capital raised to build new plant near Taupō.
Contact Energy said it plans to raise $400m to build a new power station near Taupō.
Broker takes another look at the energy sector after Rio Tinto opts to keep Tiwai open.
Shares rose 25c to $8.14 on the news.
Waikato River ran brown for two days after Contact's geothermal water and sediment spill.
Contact shares have rallied on speculation that it main join a key investment index.
Meridian says Labour's plan for pumped hydro at Lake Onslow would carry big risks.
The electricity sector is facing a 'black swan' event - Contact CEO Mike Fuge says.
Contact and Meridian shares have rallied on the back of a Transpower grid upgrade.
An ambitious concept is suddenly being held up as a jobs rich nation building project.
It's a challenge for investors as well as power generators.
The closure of the Tiwai Point smelter will usher in a new era for NZ's power generators.
"We felt that it was a pretty compelling package," Meridian CEO says.
Shifting excess power north means transmission charges could climb.
Generators in the gun after regulator finds water was spilled unnecessarily.
Move may increase participation and improve pricing for industry and power retailers.
Contact Energy failed to adequately disclose key information regarding discounts.
Rolling coverage of company reporting season.
The future of the Tiwai Point looks set to overhang the power generators this month.
Contact Energy's CEO Dennis Barnes is confident Tiwai Point will remain open.
Tight gas supplies and reduced sales volumes hit the energy company.
What are the scenarios if Rio Tinto closes its Smelter at Tiwai Point?
Smelter says it needs major reduction in energy costs, warning the Government not to wait.
Rio Tinto-controlled NZAS is reviewing its its Tiwai Pt smelter.
Many households switch power providers; now the Government will target those who don't.