The sell-off of shares is due to belief Mercury will drop from the MSCI index.
Project will produce enough electricity to power about 27,000 homes.
Contact taken by surprise as DoC and others support the project.
Transpower has signed up global cable solutions supplier Prysmian for the $450 million job replacing the high voltage direct current submarine electricity cables linking the North and South Islands.The HVDC link, commonly referred to as the Cook Strait cable, is expected to come...
News Editor
Followers will be emailed
articles by Ian