Energy

Super fund open to big energy if it stacks up

Ian Llewellyn
Tue, 12 Apr 2022

Super fund open to big energy if it stacks up
NZ Super Fund's Josie McVitty (Image: supplied)
Ian Llewellyn
Tue, 12 Apr 2022
The New Zealand Superannuation Fund says it has not talked to the government about potentially funding the Lake Onslow pumped hydro project, but has told ministers it is interested in investing in long-term infrastructure projects that can make a commercial return.Speaking at a briefing on the Super Fund exploring a giant offshore wind farm off the Taranaki coast, chief executive Matt Whineray said any investment would have to make a reasonable commercial return.Asked about the government’s investigation of the Onslow proje...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Law & Regulation FREE
Cigna admits to wrongly lifting customers' cover and premiums
Ella Somers | Wed, 10 Aug 2022

Cigna Life Insurance has admitted to misleading more than 52,000 customers.

Listed Companies
ASX company assures it was aware of risks in buying TTR
Greg Hurrell | Wed, 10 Aug 2022

Three days after Australian mining company Manuka Resources Limited announced it was acquiring Trans-Tasman Resources Limited, a private members bill that could scupper its seabed mining hopes was drawn from the ballot.

Listed Companies
Millennium & Copthorne Hotels targets annual profit as pandemic bites
Riley Kennedy | Wed, 10 Aug 2022

The hotel operator recorded a net profit of $15.4 million for the six months to June 30.

Sponsored
A clearer path to the cloud

Step-by-step cloud transition can bring benefits, experts say.

Sponsored
Energy of the future: Why we need innovation

The Tomorrow’s Energy Today conference is looking at ways to develop a clean, affordable and reliable energy future, says Brendan Winitana, chair of the Sustainable Energy Association New Zealand (SEANZ).