The affordable housing plan will have a ‘chilling’ effect, will disincentivise new developments and could come in at a net cost of $253m.
Channel reported total revenue of $158 million, up 32% from the previous year.
The company is looking for a partner for its automation project and to add a new berth.
Buller Electricity says it will take the commercial risk in freezing huge transmission fee increases until its lawsuit against Transpower is resolved.