Trustpower toys with selling its customer base

Thu, 28 Jan 2021

Electricity firm Trustpower is the latest Infratil-controlled asset that could be sold or split up, as it considers selling its retail arm and focusing on generation.Trustpower today announced it will test market interest for a sale of its retail business while exploring the case for a standalone generation business.The energy provider has a bundled retail business delivering electricity, gas, broadband and wireless connection services to 230,000 customers nationwide, as well as electricity generation operations. Chair Paul Ridley-Smith s...

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