Holders of Z shares will get $3.782 per share in cash, which is expected to be dispatched on May 10.
At a price tag of more than $18m each, Auckland's two new electric ferries may be emissions free, but like most things EV, everything else costs more.
Transpower's role in the August blackouts will come under further scrutiny.
Energy minister Megan Woods today announced the latest allocation of money from the government investment in decarbonising industry (GIDI) fund.
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