Scramble for Hawke's Bay power fix

Scramble for Hawke's Bay power fix
Flooding on the Tūtaekurī River, which has flooded a substation, cutting power to Hawke's Bay and Gisborne. (Image: Getty)
Pattrick Smellie
The electricity industry is exploring two main options to restore power to the Hawke's Bay and Gisborne regions, which face days, if not weeks, without power after the flooding of a crucial substation at Redclyffe, near Napier.The outage comes at a key time for fruit and vegetable harvesting and processing and leaves more than 200,000 people in the region without electricity. Mobile phone coverage in the area is also affected, hampering efforts to restore service.Contact Energy chief executive Mike Fuge told BusinessDesk that the concept of...

More Primary Sector

Without Dawn Meats, Alliance faces 'real’ threat of collapse
Primary Sector

Without Dawn Meats, Alliance faces 'real’ threat of collapse

The fate of the deal will come down to a shareholder vote next month.

MyFarm KiwiFruit Fund launches $35 million capital raise
Primary Sector

MyFarm KiwiFruit Fund launches $35 million capital raise

The MyFarm KiwiFruit Fund has launched a $35 million capital raise for wholesale and institutional investors, and those offshore that qualify for the Active Investor Plus visa.Units are being offered at $1.02, a 5% discount to the fund’s net asset value.The offer, which will clos...

Rebecca Howard 18 Sep 2025
TTR seabed mining bid not affected by law change
Primary Sector

TTR seabed mining bid not affected by law change

No-go zones will not apply to controversial mining bid.

Ian Llewellyn 18 Sep 2025