Genesis backs Huntly longevity as renewables pipeline expands

Huntly’s future is assured to 2035. (Image: NZME)

Wed, 26 Nov 2025

Genesis Energy has said its earnings growth is on track and the Huntly Power Station is cash-positive out to 2035 under all scenarios, removing doubt about its financial sustainability.It was not so long ago that Genesis was talking about the end of coal-fired generation at the plant, but that changed with the sudden, unpredictable collapse in gas production.This resulted in a scramble for coal and sector-wide arrangements to partly underwrite Huntly’s Rankine units, which the Commerce Commission recently approved.In papers released befor...

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