AdvertisementAdvertise with NZME.
Latest fromMighty River Power
Opportunity knocks: Which company directors bought shares this week
Did these directors buy at the bottom?
Blame it on Rio: Government's offer to help smelter owner
Rio Tinto says Ministers offered to help build business case for major discount.
Judges uphold carbon-credit decision
The Court of Appeal has dismissed an appeal by New Zealand Carbon Farming against a decision in favour of Mighty River Power over a $34.7 million liability.
Investors push electricity shares higher
New Zealand shares rose yesterday, led by A2 Milk Co, after it raised $40 million in an oversubscribed placement.
Mighty River investors to enjoy payout boost
Mighty River Power has become the latest electricity generator-retailer to announce a special dividend in the current earnings season.
Mighty River pays out $296m to shareholders
Mighty River will spring another 2.5 cents per share special dividend for shareholders, having already given 5c in December.
Is gas losing its grunt?
Contact Energy's decision to close its Otahuhu power station is the latest in an industry-wide move away from gas.
Directors fees: The pressure is on
Just on half the country's directors aren't happy about their pay as workload piles up and more face the axe for poor performance.
Horror day for power company investors
More than half a billion dollars has been wiped off the value of NZX-listed electricity firms today.
Mighty River defends Globug
Mighty River Power has defended its pre-paid energy service Globug, after it was criticised by an unhappy customer in the Otago Daily Times.
Investors sell up in bid to cement gains
New Zealand shares fell yesterday, as Contact Energy and Mighty River Power were sold by investors looking to crystallise recent gains.
Stock Takes: English pumps power dividends
Is the Govt really getting double the amount of dividends from its sold down power companies?
Powercos rally to push market higher
New Zealand shares rose yesterday, paced by Genesis Energy, Contact Energy and Mighty River Power in a relief rally as Meridian Energy's instalment came due.
Christopher Adams: Retailers face new challenges
The rise of online shopping, discount-obsessed consumers - when it comes to trading challenges listed retailers have their fair share. And there's a new one appearing on the horizon. Through a rule....
Electricity companies' shares losing spark but reasons aren't obvious
Shares in Mighty River Power and Meridian Energy have been coming off the boil, but there are few obvious reasons for a recent slump in their stock prices.
Spark needed for electric vehicles
Fleets, public and private, are the key to the uptake of electric vehicles in this country, Mighty River Power chief executive Fraser Whineray says.
Power firms push back over pricing info
Power companies have successfully pushed back against a move to provide people with more information about why prices go up.
Fletcher Building drives index higher
New Zealand shares rose yesterday, paced by Fletcher Building, as investors were drawn to firms that have under-performed the benchmark index.
Grant Bradley: Powercos don't expect customers to give back the love
Expect a little bit of love from your power company this year but they're not betting on it being requited.
Power firms nudge index to fresh high
NZ shares rose to a fresh record yesterday, paced by Mighty River Power, Meridian Energy and Genesis Energy as investors mulled possible lower interest rates across the Tasman.
Mark Lister: Contact out of step with the rest
The electricity sector has attracted a lot of attention in the past couple of weeks, both in the business pages and within the investment community itself.
MRP writedown puts spotlight on Contact
Mighty River Power's $69 million writedown on two failed geothermal developments overseas is a lesson for Contact Energy, says an analyst.