Promises of new power generation will need help to become reality

Manawa Energy boss David Prentice is bullish about the future despite numerous uncertainties. (Image: supplied)

Fri, 06 May 2022

The head of New Zealand’s first major generation-only electricity company is sceptical that the prospect of a flood of new generation will come to fruition until uncertainties about the future are reduced – including the Lake Onslow pumped hydro scheme.Trustpower this week completed the sale of its retail business to Mercury and rebranded as Manawa Energy – the country’s only major electricity company fully focused on generation.Trustpower and now Manawa’s chief executive David Prentice should on the surface have a...

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