Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Infrastructure
NZOG shareholders split on deal; shares drop
The independent directors of New Zealand Oil & Gas have failed to get maximum value for their shareholders, says the New Zealand Shareholders’ Association, which plans to vote its proxies against the planned takeover by Ofer Global.The association says there are legitimate questi...
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Infrastructure
Trustpower trims guidance, eyes generation upgrades
Trustpower has trimmed its full-year earnings guidance after low hydro inflows and repair costs to a power station cut the company’s underlying first-half profit by 25 percent.The company is expecting earnings before interest, tax, depreciation, amortisation and changes in financ...
Infrastructure
Convention centre fire 'immaterial' to SkyCity's 2020 operating earnings
Casino operator SkyCity Entertainment Group says the impact of the Auckland international convention centre fire will be "immaterial" to the group's operating earnings in the 2020 financial year.However, an assessment of the fire's impact on reported and normalised net profit aft...
Infrastructure
Trustpower trims FY guidance after 1H earnings plunge
Trustpower has trimmed its full-year earnings guidance after low hydro inflows and repair costs to a power station cut the company’s underlying first-half profit by 25 percent.The company is expecting earnings before interest, tax, depreciation, amortisation and changes in financ...
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