Genesis and Contact forked out millions to keep the lights on.
THL is targeting a $12m after-tax profit cost savings in the 2027 financial year.
Vendor John Bostock is staying on as manager of the 62ha organic property.
An extra $500 million is set to be paid out to its farmers from January.
The S&P/NZX 50 Index closed at 12,896.95, up 0.28 points or 0.0022%.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details