Trustpower looking to spin off Australian hydro generation assets

Wed, 30 Aug 2017

By Rebecca Howard Aug. 30 (BusinessDesk) - Trustpower will undertake a strategic review of Australian hydro generation assets as it continues to focus on its core New Zealand business with a decision expected by the end of this year. Trustpower spun out its wind and solar generation facilities into separately listed Tilt Renewables in October 2016 and since then has focused its strategy on the New Zealand business, while ensuring New Zealand and Australian assets are "efficient, cost effective, and fit for purpose," the Tauranga-based co...

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