Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Infrastructure
Power prices plunge as demand falls, plants return from maintenance
Wholesale electricity prices dropped to a 21-month low this week as geothermal plants returned from maintenance and heavy rain reduced strong recent demand from irrigators.Electricity sold for an average $18.68 a megawatt-hour on Wednesday, down from $95.46 the day before and $16...
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Infrastructure
Beach joins OMV in Great South Basin venture
Beach Energy has committed $27 million for a 30 percent stake in OMV’s exploration venture in the Great South Basin.Beach, which has stakes in two other exploration permits off the Otago coast, said the Tawhaki structure OMV is targeting covers 470 square-kilometres and is though...
Infrastructure
Sky buys Spark’s Lightbox for undisclosed sum
Sky Network Television and Spark New Zealand appear to have buried the hatchet when it comes to entertainment, with the pay-TV operator buying the telco’s streaming Lightbox service for an undisclosed sum.The companies have signed a conditional sale and purchase agreement that’s...
Infrastructure
New approaches needed to manage tourism growth - Upton
Environmental pressures from growth in tourism will only increase unless new approaches are adopted and acted on, the Parliamentary Commissioner for the Environment says.Growing visitor numbers – both domestic and international – are straining the ability of some sites to cope, w...
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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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