Contact sets out aggressive growth push amid rising electrification demand

Contact is going hard on geothermal. (Image: Supplied)

Tue, 25 Nov 2025

Contact Energy has released its new strategy, Contact31+, outlining an ambitious and aggressive growth plan to expand geothermal, batteries, wind, solar and hydro while maintaining a BBB credit rating and lifting dividends.The strategy builds on the earlier Contact26 programme, which chief executive Mike Fuge said had delivered a “bigger, cleaner and stronger” company. However, he said the market had become more volatile as wind and solar increased and gas supply declined.Contact said at an investor day presentation that the rapid d...

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