Latest from Energy

Meridian float given analyst tick
Independent research house Morningstar has come out in favour of the upcoming Meridian Energy float, saying it is likely to appeal to long-term investors seeking yield.

Power price games
Energy Minister Simon Bridges buried bad news about rising power prices by delaying release of official figures until just before a Parliamentary recess, Labour says.

Solid Energy gets $100m Govt loan
The Government has loaned stricken state owned coal miner Solid Energy $100 million as part of a restructuring package announced this morning.

Govt sets date for asset sale referendum
Prime Minister John Key has confirmed the Citizens Initiated Referendum over asset sales will take place in late November and early December this year.

Early demand for Meridian
The Government says there has been strong early demand for its Meridian share offer, which opens today.

Kaipara marine turbine plan on hold
A plan to produce power for 250,000 homes from tidal turbines in Kaipara Harbour, north of Auckland, has been put on hold.

'Strong interest' in shares
Close to half of the Meridian share offer has been claimed by New Zealand retail investors ahead of the offer opening tomorrow.

Customer focus for new Transpower chief
Transpower has appointed chemical company executive Alison Andrew to replace chief executive Patrick Strange.

Oil and gas exploration moves begin
The Government has kicked off moves towards oil and gas exploration across huge areas of New Zealand and the surrounding oceans by consulting with iwi and local authorities in affected areas.

Meridian listing date announced
The Government has today announced a timeline for the Meridian float, in which it hopes to raise around $2.3 billion.

Anglicans' oil vote causes ripples
New Zealand's Catholic Church says it will "reflect" on a decision by Auckland Anglicans to sell out of all fossil fuel investments within two years.

Vector ekes out 2.3pc profit lift
Profits are up a notch at Vector, as its technology unit bolstered sagging earnings from traditional energy streams.

Meridian may be worth $2b less than year ago
Meridian Energy - the jewel in the Government's portfolio of crown assets - may be worth nearly $2 billion less than it was valued at a year ago when it is finally listed.

John Armstrong: Govt baiting the Meridian shares hook
A big questionmark remains as to the wisdom of rushing another and bigger float in a state-owned generator so soon after Mighty River Power, writes John Armstrong.

Govt sugars Meridian deal
The Government has turned up the sweeteners to attract retail investors to the Meridian Energy sharemarket float but analysts say punters need to remain wary of the potential downsides.

Tamsyn Parker: Buyer beware the Meridian float
Markets writer Tamsyn Parker says details for Meridian Energy's share market float provide both a huge incentive and the potential for a huge disaster for investors, writes Tamsyn Parker.

Meridian float - 60pc up front
Details of the Meridian Energy share float have been released, and new shareholders will only have to pay 60 per cent up front for a stake in our biggest power company.

Z Energy shares jump on debut
Shares in Z Energy debuted on the NZX at $3.73, a 23-cent (6.6 per cent) premium to their $3.50 issue price today.