Seadra's Marsden Point biorefinery investment decision edges closer for Channel

Seadra's Marsden Point biorefinery investment decision edges closer for Channel
Channel has big plans for an energy precinct. (Image: Channel)
Ian Llewellyn
A consortium working with Channel Infrastructure to develop a biorefinery at Marsden Point is edging closer to making a final investment decision.In October 2024, Channel said it had entered into a conditional biorefinery project development agreement with Seadra Energy, which is partnering with consortium members Qantas, Renova, Kent and ANZ.Channel told the NZX on Monday the Seadra consortium had completed its initial front end engineering and design (Feed) study and has now moved to the next phase of its project development work.The consorti...

More Markets

IkeGPS continues run, up 8.6%; NZX 50 dips
Markets Market Close

IkeGPS continues run, up 8.6%; NZX 50 dips

Gentrack Group fell 4.23% after a couple of large trades.

ACCC yet to start Bega’s Fonterra Oceania acquisition review
Primary Sector

ACCC yet to start Bega’s Fonterra Oceania acquisition review

It’s been nearly a month since the Aussie dairy company filed for one.

F&P Healthcare drop leads NZX lower, rural stocks show strength
Markets Market Close

F&P Healthcare drop leads NZX lower, rural stocks show strength

Rural services group PGG Wrightson rose 14c or 6.9% to $2.17. 

Jamie Gray 11 Jul 2025
Tait won’t up its offer for Vital ‘under any circumstances’
Markets

Tait won’t up its offer for Vital ‘under any circumstances’

Suitor says offer is ‘at the maximum’ of its assessment of target’s value.

Rebecca Howard 11 Jul 2025