Todd to take controlling stake in Sunergise NZ

Mon, 27 May 2019

By Gavin Evans May 28 (BusinessDesk) - Todd Corporation is to acquire a 75 percent stake in solar provider Sunergise New Zealand as part of a strategy to expand the range of its Nova Energy business. The Todd Group has extensive natural gas interests, including stakes in the offshore Maui and Pohokura fields, and outright ownership of the onshore Kapuni and Mangahewa fields. Its Nova retail arm offers power, gas and broadband and is the country’s sixth-largest power retailer by accounts. Its gas business is the fifth largest by account...

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