
Power company shares trade sharply lower on smelter closure plan
New Zealand's power generators were hit hard by Tiwai's closure.
New Zealand's power generators were hit hard by Tiwai's closure.
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.
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.
Strong performance from its generation arm has boosted Contact Energy's profit.
Barnes first joined the company in April 2011.
A Commerce Commission investigation has led to charges against Contact Energy.
Air NZ, Contact Energy, Genesis Energy and Z Energy will get carbon credits for the scheme
Contact sold assets to simplify its business.
Karina Tipene heats up her house by cooking dinner late for her seven young grandchildren.
Tighter focus on commercial and industrial business is part of its broader strategy.
Our take on what is happening on the markets this week.
Chairman Ralph Norris said the direction supports a new distribution policy.
The Act leader questions whether Bill English has spent any time with voters.
"Every now and again, you're going to have a crappy quarter," said boss Dennis Barnes.
Contact Energy reported a 10 per cent fall in underlying earnings.
Big power companies fail to impress customers a Consumer NZ survey finds.
Low inflows of water into the South Island's hydro lakes are expected to knock Contact.
Contact Energy is enticing customers off Fly Buys with 50 cents a litre off fuel.
The impact quakes can have on city structures has been made frighteningly clear over recent years.
Contact Energy shareholders can expect an increase in annual dividend policy later in the current financial year.
Contact Energy posted a 12 per cent gain in first-half underlying profit and trimmed capital expenditure in the face of weaker sales.
Contact Energy, which last year said it would focus on reducing debt, is considering a $100 million offer of bonds it plans to list on the NZX debt market.