Extended Tekapo hydro outage a 'crying shame', says Meridian CFO

Extended Tekapo hydro outage a 'crying shame', says Meridian CFO
Pattrick Smellie
By Pattrick Smellie Feb. 21 (BusinessDesk) - Genesis Energy has been forced to extend its outage at the Tekapo-B hydro power station until June, cutting off a supply of water that would otherwise run through three of Meridian Energy's hydro power stations on the multi-station Waitaki hydro scheme operated jointly by the two companies. After an initially dry summer, Lake Tekapo is now full after recent heavy rainfall and water that would otherwise have been available for hydro generation downstream is being spilled into Lake Benmore, bypas...