Hong Kong investment company said to be in hunt for Vector's meter business

Hong Kong investment company said to be in hunt for Vector's meter business
Rumours are running rife over interest in Vector's meter business. (Image: Depositphotos)
Staff reporters
The Australian media rumour mill has gone into overdrive about suitors for Vector’s meter business.In April, the Auckland-based electricity lines company said it was reviewing the future of its meter operations.Chief executive Simon Mackenzie said several highly credible organisations had made unsolicited approaches expressing an “interest in partnering with us and investing in the NZ and Australia metering business”.In August, the company reported adjusted full-year 2022 earnings of $510 million. This was down $3.5 million or...

More Infrastructure

KiwiRail reveals $8m cost of McKinsey contract
Infrastructure

KiwiRail reveals $8m cost of McKinsey contract

Rail Minister Winston Peters calls it an unacceptable payment. 

Oliver Lewis 02 Apr 2025
Mainfreight praises 'logical, sensible' rail ferries decision
Infrastructure

Mainfreight praises 'logical, sensible' rail ferries decision

Port companies on both side of the Cook Strait also welcome increased certainty.

Oliver Lewis 01 Apr 2025
Meet your new ferries, New Zealand
Infrastructure

Meet your new ferries, New Zealand

Winston Peters confirms new Interislander ferries will be rail-enabled.

Oliver Lewis 31 Mar 2025
Developers make unsolicited bids for prime Chch rebuild site
Policy

Developers make unsolicited bids for prime Chch rebuild site

Crown Infrastructure Delivery is weighing up options for the massive site.

Oliver Lewis 28 Mar 2025