Genesis positioning for NZ energy transition

Genesis positioning for NZ energy transition
Gavin Evans
New Zealand’s energy sector will undergo a “very big transition” during the next five to 10 years and Genesis Energy needs to be well-positioned to create the best value from that, chief executive Marc England said.A sale of the firm’s 46 percent stake in the Kupe gas field is not a fait accompli, but the company needs to consider carefully how best to use the capital it has tied up the project, England said on a conference call with analysts and journalists.The strategic review announced today wasn’t driven by an...

More Infrastructure

Northland expressway ‘process’ concerns flagged
Infrastructure

Northland expressway ‘process’ concerns flagged

The project could suck up 10% of Crown spending on new infrastructure, commission says.

Oliver Lewis 10 Sep 2024
Avoiding a future of stranded assets
Infrastructure

Avoiding a future of stranded assets

Six green stars for new industrial buildings a rare achievement.

Andrea Malcolm 10 Sep 2024
Transpower appoints energy veteran as new CEO
Infrastructure

Transpower appoints energy veteran as new CEO

Transpower, the entity responsible for electric power transmission in New Zealand, has appointed energy sector veteran James Kilty as its new chief executive.Kilty has been the CEO of Powerco, an electricity and gas distribution company, for the past three years.His departure fro...

Staff reporters 09 Sep 2024
$25m road repair dispute given court date
Infrastructure

$25m road repair dispute given court date

The insurer refused a claim for the cost of resurfacing leaky pavement seal.

Jem Traylen 09 Sep 2024