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Transpower eyes $200m bond issue in early 2010
Transpower is contemplating a domestic bond issue of around $200m early next year as it gears up for $5 billion of capital expenditure on national grid upgrades over the next decade.
TrustPower claims interim profit of $82.4m
TrustPower has reported a 23 per cent rise in interim profit on a 13 per cent fall in operating revenue.
Transpower: Removing supply risk will take years
A $540m power cable which will prevent outages such as today's in North Auckland and Northland won't be available until 2013.
Vector expects 'tough conditions'
Vector chairman chairman Michael Stiassny says operating conditions will be tough this financial year.
Contact brushes off farmer's attack
Contact Energy has brushed off an attack on "disgraceful" behaviour over its planned Waikato wind farm plan.
Contact coy over profit guidance
Contact Energy avoided providing profit guidance for this financial year at its annual meeting in Wellington today.
TrustPower fined for misleading customer advice
Electricity company TrustPower has been fined $17,000 for failing to give customers adequate information about low user tariff options.
Genesis unveils $136m loss, misses every performance target
State-owned power company Genesis Energy has reported a full year loss of $136 million after writing down by $183 million the value of its Huntly power station.