Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Infrastructure
8 Rivers carbon-capture project in $60m capital-raise, drops bid for govt backing
By Gavin Evans Oct. 1 (BusinessDesk) - The promoter of a $4 billion carbon capture and storage project that would establish a New Zealand fertiliser export industry has abandoned its bid for government support and is raising $60 million privately to advance the initiative....
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Infrastructure
Reality needed on pace of low-carbon transition - Wood Mackenzie
By Gavin Evans Sept. 30 (BusinessDesk) - Governments and industry need to be more upfront with consumers about how long the transition to a lower-carbon world is going to take, a visiting energy expert says. People want action on climate change but many have unrealistic exp...
Infrastructure
Gentrack downgrades profit guidance again
By Jenny Ruth Sept. 30 (BusinessDesk) - Gentrack has downgraded its expected operating earnings yet again. The utilities software provider now says earnings before interest, tax, depreciation and amortisation for the year ending today will be between $25-26 million. It w...
Infrastructure
UPDATE: Mercury NZ forced to use satellite pix for gas market clues
(adds comment from OMV at sixth par) By Pattrick Smellie Sept. 27 (BusinessDesk) - An "unacceptable disclosure regime from gas suppliers" forced electricity generator and retailer Mercury NZ to use satellite photographs to work out what might be happening in the local natur...
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