Utilities investor Infratil reported a 1.7 percent lift in first-half operating earnings, with a two-month contribution from Vodafone New Zealand offsetting weaker returns from Trustpower and its Longroad Energy interests in the US.Excluding businesses sold in the past year, unde...
Mercury NZ says the electricity market is under stress and needs new generation investment if high wholesale power prices are not to start flowing into household prices.Wholesale prices have been high for more than a year and are being driven by factors much broader than just pro...
Mercury NZ has committed to a further $208 million investment at its Turitea wind site, less than eight months after initiating the first stage of the development.The company now plans to build the 27-turbine, southern element of the project with the rest of the development. That...
Quarry operators have warned of “major impacts” to supplies of rock and gravel if the government pursues its policy of allowing no new mines on conservation land.The Aggregates and Quarrying Association says it is good that the government’s new minerals and petroleum resource str...
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articles by Oliver