
Power floats lose protection
Potential investors in Mighty River Power, Genesis Energy and Meridian will be exposed to the financial impacts caused by any new charges linked to water or geothermal use and land resumption.
Potential investors in Mighty River Power, Genesis Energy and Meridian will be exposed to the financial impacts caused by any new charges linked to water or geothermal use and land resumption.
Genesis Energy chairwoman Dame Jenny Shipley says the state-owned enterprise is ready for partial sale but was coy on whether she would lead the company on the sharemarket.
The Maori King and the Prime Minister drew the battle lines, with the former saying "Maori'' and the latter saying "No One''. Today, two legal academics explore the deep currents that lie beneath each claim.
State owned Genesis Energy's share of the Kupe oil and gas field has pushed its half year profits up by 125 per cent.
Mercury Energy is raising its power prices by 5.8pc, blaming charges from the national grid operator Transpower.
The PM has dismissed accusations of cronyism in the Govt's choice of appointments to boards and working groups.