Contact signals $1.4b investment pipeline

Contact signals $1.4b investment pipeline
Paul McBeth
Contact Energy is claiming a leading role in decarbonising New Zealand’s economy as it presses ahead with a $580 million geothermal project and signals another $800 million of potential work in the pipeline.The electricity generator and retailer today confirmed plans to go ahead with the 152.5 megawatt geothermal plant at Tauhara near Taupō, which it estimates will reduce emissions by 450,000 tonnes of carbon per year – the equivalent of removing 200,000 petrol cars from the roads.Work will begin on the project soon and is expected...

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Third of Powerco on the line
Infrastructure

Third of Powerco on the line

New Zealand's second-largest lines company is 100% Australian-owned.

John Anthony 12 Apr 2024
Beachlands development zoning approval given
Infrastructure

Beachlands development zoning approval given

A large housing development in Beachlands South has been given the go-ahead with the approval of a change to the Auckland Unitary Plan.The private plan change rezones land south of the Beachlands township on the eastern fringe of the city.The development, on land encompassing the...

Staff reporters 12 Apr 2024
Slow and steady wins the race? Familiar speed bumps for fast-track
Policy

Slow and steady wins the race? Familiar speed bumps for fast-track

Freddy the frog will be glad to hear he still has a few months left on the clock.

Dileepa Fonseka 12 Apr 2024
Does NZ really need to spend $1 trillion on infrastructure?
Infrastructure Analysis

Does NZ really need to spend $1 trillion on infrastructure?

In short, no. We probably can't afford it.

Oliver Lewis 11 Apr 2024