Lines companies' structures need a rethink

EY's Angela Ogier believes NZ has to think carefully about lines companies. (Image: Supplied)

Wed, 08 Feb 2023

Some electricity lines companies may have to rethink their ownership structures if they are going to make the investment decisions needed to decarbonise the economy without making the poorest even worse off, EY Oceania’s hydrogen and energy transition director, Angela Ogier, says.Ogier has an extensive background in infrastructure issues and was recently asked by the Gisborne Chamber of Commerce to help their community understand issues around the sale of the lines company Eastland Network for $260 million from community trust-owned Eastl...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets

No encore: Potentia exits Vista stake

Despite board snub, Australian investor is still keen on NZ software businesses.

Rebecca Stevenson 7:10am

Law & Regulation

NZers should all be 'concerned': Greyhound racing lawyers

A committee recommended transferring $15.8m of its assets from an incorporated society.

Gregor Thompson 5:00am

NZers should all be 'concerned': Greyhound racing lawyers

Infrastructure

Lyttelton Port Company reports record $25.2m result

The South Island port achieved the result despite a dip in container volumes.

Oliver Lewis 5:00am

Lyttelton Port Company reports record $25.2m result

Sponsored

Are employers doing enough to prepare workers to retire well?

When one third of the New Zealand workforce is aged 55 or older – are employers doing enough to help them prepare for retirement?

Moneyfit

Sponsored

Bold Steps: reshaping women’s leadership in Aotearoa

Dame Therese Walsh and Dame Joan Withers reflect on the summit’s unlikely beginnings – and how it has evolved into a platform for ambition and impact today.

OnBeingBold