Article – BusinessDesk

May 20 (BusinessDesk) – Shares in MightyRiverPower, which the government partially privatised earlier this month, dipped below their $2.50 float price in afternoon trading, 10 days after listing on the stock exchange. Read more »

Press Release – Green Party

The latest surge in businesses electricity costs highlights the failure of the current electricity market and the need for the introduction of NZ Power to bring down electricity prices, Green Party Co-leader Dr Russel Norman said today. Read more »

Press Release – CAfE

17 May 2013 Expo powers up today Come and see the future: Our Energy Future EXPO 17 and 18 May 2013 The Our Energy Future EXPO organised by Christchurch Agency for Energy (CAfE) promises lots of surprises and the possibility to learn a lot about … Read more »

Press Release – King Country Energy

King Country Energy (KCE) acquired 100% of the Mangahao power station assets in 2012. The rationale for the acquisition was to enhance KCEs ability to maintain and grow value for the benefit of all Shareholders in an increasingly competitive and … Read more »

Press Release – Mighty River Power

Mighty River Power today confirms the repayment of its $200 million retail bond that matured. Read more »

Press Release – Greenpeace New Zealand

Responding to todays Budget, which included plans to sell off New Zealand-owned Meridian Energy, Nathan Argent, Greenpeaces chief policy advisor, said: Read more »

Article – BusinessDesk

May 16 (BusinessDesk) – The country’s most valuable electricity company, Meridian Energy, will be partially privatised in the second of this year, assuming market conditions make it a good time to sell, Finance Minister Bill English announced in … Read more »

Press Release – New Zealand Government

The Government is taking the next step in its share offer programme and preparing Meridian Energy for partial sale later this year, Finance Minister Bill English and State Owned Enterprises Minister Tony Ryall say. Read more »

Press Release – Mighty River Power

“We are delighted to see the breadth and depth of our investor base, particularly first-time investors and we are heartened by the confidence those investors have placed in the Company’s future,” said Chair Joan Withers. Through this Offer … Read more »

Article – BusinessDesk

May 16 (BusinessDesk) – Senior executives of newly listed, state-controlled MightyRiverPower are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30, one of the company’s first disclosures to the NZX and ASX as a listed company … Read more »

Article – BusinessDesk

May 15 (BusinessDesk) – TrustPower, the electricity generator and retailer controlled by Infratil, will pay $13.7 million for the assets of Wanganui council owned Energy Direct New Zealand, allowing it to add customers near its electricity plants. Read more »

Press Release – CAfE

14 May 2013 Come and see the future: Our Energy Future EXPO 17 and 18 May 2013 Christchurch Agency for Energy (CAfE) has organised Christchurchs first Energy Future Expo in partnership with the Association for the Promotion of Electric Vehicles (APEV) … Read more »

Press Release – Federated Farmers

A one-day conference in Rotorua this Thursday (16 May), supported by Federated Farmers, will take land owners through the economics of bioenergy, which could become a big part of New Zealands energy future. Read more »

Press Release – Greater Wellington Regional Council

Bus services on Routes# 1, between Wellington Station and Island Bay, and #3 between Karori and Lyall Bay will again be diverted away from the Basin Reserve and run instead via Taranaki and Wallace Streets from 2pm until 7.30pm today, due to a continuing … Read more »

Press Release – Grey Power New Zealand

“Grey Power will go to the streets to fight the proposed sale of Meridian Energy,” said Roy Reid, President of Grey Power and leader of the Keep Our Assets campaign, at Grey Power’s annual general meeting in Auckland today. “The coming referendum … Read more »

Article – Businesswire

May 13 (BusinessDesk) – Prime Minister John Key has all but confirmed that Meridian Energy will be the next state-owned enterprise to be partially privatised, with a float of up to 49 percent of the government’s single most valuable electricity asset … Read more »

Article – BusinessDesk

May 13 (BusinessDesk) – The Tiwai Point aluminium smelter is “losing millions of dollars every month” and can ill-afford to give shift workers a 50 percent increase in leave without increasing hours worked, the company says. Read more »

Press Release – Generation Zero

As the amount of heat-trapping carbon dioxide in the atmosphere hit the symbolic milestone of 400 parts per million (ppm), youth climate change organisation Generation Zero says it is time for New Zealand to rise to the challenge of building a zero … Read more »

Article – BusinessDesk

May 10 (BusinessDesk) MightyRiverPower shares rose 4.8 percent from their offer price in their first day of trading on the NZX as investors added to their holdings after receiving less stock than they asked for. Read more »

Article – BusinessDesk

May 10 (BusinessDesk) – TrustPower, the utility controlled by Infratil, reported a 6 percent fall in underlying annual earnings as it went faced a tougher environment with dwindling customer numbers and thinner margins. The shares gained. Read more »