Updated: Mercury pushes back over Winstone claims

Mercury boss Vince Hawksworth is not happy about being blamed for Winstone's woes. (Image: NZME)

Wed, 28 Aug 2024

Mercury has taken exception to media reports blaming it for the potential closure of Winstone Pulp International.Winstone is consulting on closure with high wholesale electricity prices and cited increasing energy costs as the main driver.Some media reports on this were factually incorrect based on information available to Mercury, chief executive Vince Hawksworth said.Mercury said it currently provides a contract that helps set the price for about half of the power that Winstone International uses. This is priced at a similar level to that cha...

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