Infrastructure
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Infrastructure
Mercury raises guidance on increased storage, high spot prices
Mercury NZ has raised its full-year earnings guidance by $25 million on the back of rising storage in its Waikato catchment and sustained high wholesale electricity prices.Storage in Lake Taupo has climbed steadily since May. It is at a 19-month high and about 20 percent above av...
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Infrastructure
Eroad reports strong 3Q sales growth, eyes ASX listing
Eroad reported strong third-quarter sales growth but didn't pick up as many small to medium business customers as expected. It is also looking at a possible secondary listing on the ASX. The Auckland-based firm installs electronic distance recorders and tracking devices in road t...
Infrastructure
Affordable power key to decarbonisation - Genesis
Policymakers will need to ensure electricity remains affordable and reliable if the country is to decarbonise transportation and heavy industry, Genesis Energy says.Electricity – 84 percent renewable last year – has a key role to play in helping the country meet its Paris climate...
Infrastructure
Contact in talks on 13MW dairy boiler project
Contact Energy says it is in talks with a dairy producer on a 13 megawatt electric boiler as part of its strategy to benefit from the country’s efforts to decarbonise heavy industry. Electrification of the country’s South Island dairy plants from coal to electricity would incr...
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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