The power and gas distributor's profit result was largely due to higher capital contributions, a gain on the sale of a 50% share of the Treescape business, and lower interest costs.
As NZ's only oil refinery prepares to become an import facility for refined fuels, Think Big era assets are being written down.
Meridian agreed to a low price for what was meant to be an exit for the Tiwai Point aluminium smelter.
Methanex warns of electricity shortage if gas issues are not sorted out.
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articles by Ian