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Electricity Network Projects To Reduce Uncertainty

Electricity Network Projects To Reduce Uncertainty
Wellington, Feb 8 NZPA - Fitch Ratings expects proposed investments by Transpower to lead to a deterioration in the national grid operator's credit profile, unless the Government is willing to inject more equity.

Brownlee's Tekapo Giveaway `May Lead To Higher Prices'

Brownlee's Tekapo Giveaway `May Lead To Higher Prices'
Wellington, Dec 10 NZPA - Energy Minister Gerry Brownlee's proposed re-jig of the electricity sector may actually raise electricity prices and reduce the security of power supply, says a retailer in the sector.

Meridian Pays Big Dividends To Government Shareholder

Meridian Pays Big Dividends To Government Shareholder
Wellington, Sept 29 NZPA - Meridian Energy is paying the Government a final dividend of $113.9 million and a special dividend of $150m.

Trust Power Calls For Partial Privatisation Of SOEs

Trust Power Calls For Partial Privatisation Of SOEs
Wellington, July 30 NZPA - TrustPower Ltd today called for the partial privatisation of state-owned power companies to improve the security of electricity supply.

Trust Power Reports Higher Profit, To Pay Special Dividend

Trust Power Reports Higher Profit, To Pay Special Dividend
Wellington, May 15 NZPA - TrustPower said it is positioned for further growth even after paying a special dividend to shareholders from its profit. TrustPower today reported a bottom line profit of $105.1 million in the year to March 31, up from $98.1m last year.