Contact Energy

Contact Energy was formed in 1996 and listed on the NZX in 1999. The company is the second largest generator of electricity in New Zealand with over 80% coming from renewable sources.

Contact operates two hydro stations, five geothermal power plants, two gas turbine plants and one diesel fired plant. The company is currently evaluating the feasibility of building another geothermal plant in the North Island. Contact also supplies households with piped natural gas, broadband internet and bottled LPG gas through subsidiary, Rockgas.

The company is dual listed on the NZX and ASX and appointed Mike Fuge as CEO in 2019.


Company Details

Registered Office: Harbour City Tower, 29 Brandon Street, Wellington 6011
Postal Address: PO Box 10742, The Terrace, Wellington 6143
Telephone: +64 4 499 4001
Facsimile: +64 4 499 4003
Website: http://www.contactenergy.co.nz/
First Listed: 11/05/1999
Balance Date: 30 June
AGM: 15/11/2023

Directors and Executives

Kirsten Clayton
Company Secretary
Dorian Devers
Chief Financial Officer
Sandra Dodds
Independent Non-Executive Director
Mike Fuge
Chief Executive Officer
Jon Macdonald
Independent Non-Executive Director
Rob McDonald
Independent Chairman
Rukumoana Schaafhause Independent Non-Executive Director
David Smol
Independent Non-Executive Director
Elena Trout
Independent Non-Executive Director

Announcements

Title Date Type
Manawa transaction update Mon, Mar 31 2025 08:30 am GENERAL
Contact to appeal Southland Wind Farm decision Thu, Mar 27 2025 08:30 am GENERAL
D&O Ongoing Disclosures Mon, Mar 24 2025 08:30 am SHINTR
Contact consent for Southland Wind Farm is declined Tue, Mar 18 2025 03:10 pm GENERAL
February Operating Report Tue, Mar 18 2025 08:30 am MKTUPDTE
Capital Change Notice - DRP Tue, Mar 18 2025 08:30 am SECISSUE
DRP Strike Price Thu, Mar 06 2025 09:34 am GENERAL
SPH Notice - BlackRock, Inc. and related bodies corporate Tue, Mar 04 2025 10:14 am SHINTR
ASX 3A.1 Notification of dividend Mon, Feb 17 2025 09:34 am GENERAL
Delivering new renewables while supporting security of sup Mon, Feb 17 2025 08:30 am HALFYR

Major Holdings Announcements

Date Name No. Held % Current
30/08/22 BlackRock, Inc. and related bodies 38,996,074 5.00 5.00
28/01/22 Milford Asset Management Limited 47,603,648 5.06 6.11
03/08/21 The Vanguard Group, Inc. 23,689,934 5.00 3.05
06/11/20 Accident Compensation Corporation 35,839,262 5.05 4.99
28/02/19 AustralianSuper Pty Ltd 18,352,422 5.07 2.56
04/12/17 BlackRock Inc 17,264,681 5.38 2.41

Director’s Interests Announcements

Date Name No. Held % Details Other
15/11/23 Rukumoana Schaafhausen 1,295 - - -
26/10/23 Sandra Dodds 19,750 - - -
26/10/23 Dorian Devers 39,747 - - -
26/10/23 Michael Joseph Fuge 80,135 - - -
03/10/23 Jonathan Keith Macdonal 25,486 - - -
03/10/23 Elena Josephine Trout 23,407 - - -
03/10/23 David Smol 22,376 - - -
18/10/22 Rob McDonald 34,602 - - -
04/10/22 Victoria Helen Crone 22,389 - - -
19/03/21 Dame Therese Walsh 17,225 - - -
19/03/21 Whaimutu Dewes 23,081 - - -
15/06/20 Dennis Barnes 675,000 - - -
28/09/18 Graham John Cockroft 111,817 - - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 228.0 41.6 35.0 2,603.7 344.9 606.2
high 228.0 41.6 35.0 2,603.7 344.9 606.2
low 228.0 41.6 35.0 2,603.7 344.9 606.2
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 26/09/2023


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