S&P says possible Tiwai closure exposes risks in electricity sector
Rio Tinto-controlled NZAS is reviewing its its Tiwai Pt smelter.
Rio Tinto-controlled NZAS is reviewing its its Tiwai Pt smelter.
The owners of the Tiwai Pt aluminium smelter have raised the possibility of closure.
Many households switch power providers; now the Government will target those who don't.
The Act leader says the Govt vetoing Crown-owned board pay rises is a marketing exercise
Meridian is in talks with a number of parties as to how dry-year risk can be covered.
Utilities are set to dominate the company reporting season next week.
Fonterra's leadership had been 'incredibly important' says Chloe Swarbrick.
The energy company will also be lifting its dividend.
Neal Barclay says the industry needs to be called out on unfair penalty schemes
Renewable generator and retailer Meridian's profit up on record revenue
The sharemarket is poised for big Wednesday, with a slew of results due.
The offer opens today and will be subject to a min interest rate of 4.2 per cent.
Electricity use is set to double in NZ as petrol use falls and gas and coal is phased out
The Scandinavian nation is an example of what can be achieved.
Meridian shareholder Peter Wakeman puts two resolutions to upcoming AGM
Retiring Meridian chief Mark Binns has ruled himself out of taking over Fletcher Building
Meridian Energy reported flat earnings for the year to June 30.
Mark Binns steered Meridian Energy from state-owned enterprise to NZX heavyweight.
Meridian Energy says the uptake of electric vehicles will not strain power generation.
Meridian Energy wants to raise $150 million through a new listed bond to refinance an upcoming debt maturity and cover general business costs.
A2 Milk stock falls as firm's CEO and chair sell shares.
Meridian chair Chris Moller said early signs were that the new administration in the US may bolster metal prices.
Broker a bit surprised to see Air NZ shares slip but notes light volumes.
A2 Milk jumps as Bellamy's cuts revenue forecast.
Meridian Energy is declaring a special dividend for shareholders in a sector where strong cashflows are not currently required for new investment.
New Zealand shares were mixed. The NZX 50 Index reached a record high but more companies fell.
NZ Aluminium Smelters will go to the Supreme Court in a bid to overturn earlier decisions on the payment for statutory holidays that fell on a weekend.
All-renewables electricity generator and retailer Meridian Energy announced an 11 per cent fall in net profit after tax of $104 million for the six months ended December 31.
Executive Mark Binns says a new wind farm is one of the options on the table if Meridian can't convince Genesis to keep open two electricity plants.