Business
Infrastructure
UPDATE: Tilt advances Waverley, withholds dividend
(Updates with company comment from seventh paragraph.) By Gavin Evans May 9 (BusinessDesk) - Tilt Renewables says it expects to execute an off-take agreement for the 130-megawatt wind farm it plans at Waverley within weeks. The Melbourne-based developer has been in talks...
Infrastructure
Tilt advances Waverley project, withholds dividend
By Gavin Evans May 9 (BusinessDesk) - Tilt Renewables says it expects to execute an off-take agreement for the 130-megawatt wind farm it plans at Waverley within weeks. The Melbourne-based developer has been in talks with Genesis Energy on the southern Taranaki project sin...
Services
Geo's annual sales to fall short of guidance, break-even postponed
By Jenny Ruth May 9 (BusinessDesk) - Struggling workforce productivity software company Geo says annual sales will fall short of guidance and that break-even is further out. “Geo now expects that its year-on-year growth in annual recurring – subscription – revenues will be...
Economy
Govt opens low-carbon summit with $47M commitment to new energy research
By Pattrick Smellie May 9 (BusinessDesk) - The government will invest $27 million to establish a new energy centre in Taranaki as a gesture towards assisting the region's transition from a multi-billion dollar oil and gas industry to a low-carbon economy. Prime Minister Jac...
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