Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Infrastructure
Air NZ cuts outlook; virus saps demand
Air New Zealand lowered its annual earnings guidance by as much as $75 million as the global outbreak of the covid-19 virus saps travel demand.The airline said it expected the outbreak to hit earnings by between $35 million and $75 million, with total Asia capacity down 17 percen...
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Infrastructure
Genesis eyes country's biggest solar project to reduce emissions
Genesis Energy is in talks to buy the output of a 300-megawatt solar farm proposed for northern Waikato.The project would generate about 550 gigawatt-hours of electricity and would have “nice synergies” with the gas- and coal-fired generation Genesis operates at Huntly, chief exe...
Infrastructure
Genesis trims guidance on low inflows, South Island prices
Genesis Energy has trimmed its full-year guidance, citing low North Island inflows since January and on-going weak South Island wholesale prices.The company today reported a 16 percent decline in first-half operating earnings – as signalled due to low hydro production and increas...
Infrastructure
Ebos shrugs off Amazon pharmacy risk
Any mention of Amazon elbowing its way into a market usually sets alarm bells ringing for incumbents in that market.But pharmaceuticals wholesaler and distributor Ebos' chief executive is sanguine about the news that the American company had registered the "Amazon Pharmacy" brand...
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