Is Meridian generating 'super profits'?
Industry group claims 'accelerating super profits' at New Zealand's largest generator.
AdvertisementAdvertise with NZME.
Latest fromContact Energy Limited
Contact lifts profit by 24%, makes a case for 'ThermalCo'
Contact Energy put in a solid earnings result for the 2021 year,
Contact Energy earnings lift by $107m
Contact lifted its earnings by 24 per cent and wants NZ's thermal assets to consolidate.
Lake Onslow project 'kneecapping' a solution to power problem
The Government's plans for energy may be contributing to the problems seen on Monday.
Contact Energy links loans to sustainable performance
Contact Energy now has all its loans in a sustainable finance portfolio.
Local Focus: Is geothermal really green energy?
One geothermal station is almost as bad as burning gas. Made with funding from NZ On Air.
Stock Takes: Contact, Meridian cleared; Cavalier CEO resigns
Contact and Meridian have been cleared following an investigation by the regulator.
Inside Story: How Govt planned to directly subsidise Rio Tinto's transmission costs
Officials warned there was no way to smooth smelter's departure than a taxpayer payment.
NZX extends trading hours for S&P Global Index change
The NZX is extending its trading hours by 45 minutes today.
Focus on Contact, Meridian as S&P index rebalancing looms
Investors' focus is on Meridian and Contact as an index change looms.
'Are prices too high?' Energy Minister Megan Woods puts market on notice
Megan Woods questions state of electricity prices amid hydro and gas shortage.
Facebook, Google, Amex, Expedia: Where they rent in Auckland
Several major businesses have taken advantage of Generator space.
Two years, two environmental disasters for Contact
A routine spraying operation to control pests goes wrong, killing 1.1ha of vegetation.
What Contact's growth plan will mean for future dividends
Contact Energy has outlined its plans for a capital raised to build new plant near Taupō.
Contact Energy to raise $400m to build geothermal station
Contact Energy said it plans to raise $400m to build a new power station near Taupō.
The winners and losers from Rio Tinto's call on Tiwai
Broker takes another look at the energy sector after Rio Tinto opts to keep Tiwai open.
Influential ETFs driving NZ power company rollercoaster
ETFs have taken the New Zealand power companies on a roller-coaster ride this month.
Market insight: Local stocks rally as US indices trek higher
Investors look to take profits after strong energy sector-led run.
Ignoring alarms led to massive overflow, court hears
Waikato River ran brown for two days after Contact's geothermal water and sediment spill.
Why Contact Energy is suddenly flavour of the month
Contact shares have rallied on speculation that it main join a key investment index.
Meridian chair pours cold water on pumped hydro plan
Meridian says Labour's plan for pumped hydro at Lake Onslow would carry big risks.
Electricity sector faces 'black swan' event - Contact CEO
The electricity sector is facing a 'black swan' event - Contact CEO Mike Fuge says.
Contact, Meridian shares rally as Transpower hastens upgrade
Contact and Meridian shares have rallied on the back of a Transpower grid upgrade.
Thinking big: Why the sudden interest in pumping water uphill?
An ambitious concept is suddenly being held up as a jobs rich nation building project.
Gavin Evans: Power companies prepare for life after Tiwai
It's a challenge for investors as well as power generators.
The 622 megawatt question overhanging the generation game
The closure of the Tiwai Point smelter will usher in a new era for NZ's power generators.
Revealed: How far Meridian was prepared to go to keep its biggest customer
"We felt that it was a pretty compelling package," Meridian CEO says.
Tiwai Point closure: What Transpower must spend to shift excess power north
Energy prices may fall but consumer power bills may also be affected by transmission cost.
Power company shares trade sharply lower on smelter closure plan
New Zealand's power generators were hit hard by Tiwai's closure.
Closing Tiwai Pt could push up power prices for everyone - Contact
Shifting excess power north means transmission charges could climb.
Meridian under the gun for price manipulation
Generators in the gun after regulator finds water was spilled unnecessarily.
Power regulator eyes end to voluntary futures market
Move may increase participation and improve pricing for industry and power retailers.
Contact Energy fined $245,000 for misleading fuel discount promotion
Contact Energy failed to adequately disclose key information regarding discounts.