Mild weather saps Vector's June-qtr volumes

Mild weather saps Vector's June-qtr volumes
Gavin Evans
By Gavin Evans July 19 (BusinessDesk) - Mild weather in May and June left Vector’s power and gas volumes for the June year marginally lower than a year earlier. The firm, which benefited from a colder winter in the first half, had said that good electricity volumes during the rest of the year would help push operating earnings toward the top end of the $480-490 million range it had forecast. Electricity volumes had been up 0.6 percent for the nine months to March, but lost ground in the June quarter. They fell to 2,106 gigawatt-hours i...

More Infrastructure

Big names for Wellington Water board
Finance

Big names for Wellington Water board

Credit rating agency warns that water reforms are no council debt panacea.

Pattrick Smellie 31 Oct 2025
US$411b on the table: will NZ claim a slice?
Primary Sector

US$411b on the table: will NZ claim a slice?

Infrastructure will be a major focus of the NZ EU Summit, but Ukraine might be too.

Dileepa Fonseka 24 Oct 2025
Wellington Airport's half-year passenger numbers down, net loss up
Infrastructure

Wellington Airport's half-year passenger numbers down, net loss up

A fall in domestic passenger numbers has been blamed on Air NZ's fleet problems.

Staff reporters 23 Oct 2025
Marsden Maritime Holdings CEO Rosie Mercer standing down
Infrastructure

Marsden Maritime Holdings CEO Rosie Mercer standing down

Marsden Maritime Holdings' chief executive, Rosie Mercer, is stepping down at the end of the year.After three years in the job, she said the decision was a natural transition point for her and the company, as Marsden Maritime Holdings (MMH) was in a strong position and well-p...

Ian Llewellyn 23 Oct 2025