Business
Infrastructure
Beach Energy delays South Island drilling
Beach Energy has delayed its planned drilling off the North Otago coast amid a global slowdown in industry spending and as covid-19 border controls restrict international movement of specialist tradespeople. The firm, currently seeking consents from the Environmental Protectio...
Primary Sector
A2 Milk looks to snap up 75.1% of Mataura Valley
A2 Milk is looking to buy 75.1 percent of Mataura Valley Milk for approximately $270 million. Mataura Valley has agreed to provide A2 Milk a period of exclusivity to conduct confirmatory due diligence and negotiate definitive transaction documentation. The deal is backed b...
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More site upgrades live today
We released another new version of the BusinessDesk website last night. This will have minimal impact on current subscribers but gives us a lot more functionality in the background. One change you will notice is that you can now “Log in with Google” and link your BusinessDesk ac...
Infrastructure
Genesis eyes long-term Meridian contract, 'pauses' development talks
Genesis Energy has “paused” work on a pipeline of potential renewable generation developments while it waits to see if it can secure a long-term supply contract from Meridian Energy. The company, which wants to replace a large block of its gas-fired generation with renewable e...
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