Contact Energy unveils $350m geothermal rights issue
Contact Energy has announced a one-for-nine renounceable rights issue to raise around $350m to help fund new geothermal power station.
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Mighty River lifts earnings outlook on strong first half
Mighty River Power is lifting its pre-tax earnings forecast by up to 7.5 per cent as it sees the benefits of $1 billion invested in new geothermal power stations.
Contact Energy strikes multi-million dollar geothermal deal
Contact Energy is to spend $623 million building a new 159 megawatt geothermal power plant.
Power bills set to rise up to 8pc from March
Two more power providers are putting up prices, with some customers facing an 8 per cent rise.