Power stocks good buy despite regulatory threat: Forsyth Barr

A lack of fuel, primarily gas, is causing the energy sector issues. (Image: NZME)

Wed, 26 Mar 2025

Forsyth Barr believes the major electricity stocks in New Zealand are good value because while political and regulatory intervention risk remains high, the problems are due to an energy shortage, not competition issues.The analysts' note follows the Downstream 2025 conference in Christchurch, where the backdrop was the ongoing political and regulatory fallout from record-high winter 2024 wholesale electricity prices and the current low hydro lake levels.“The general conference consensus was that limited gas supply, which has not yet b...

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