NZ electricity supply security unclear from 2019, Transpower says

NZ electricity supply security unclear from 2019, Transpower says

By Pattrick Smellie Dec. 9 (BusinessDesk) - The large-scale closure of New Zealand gas and coal-fired electricity generation capacity and uncertainty about the future needs of major industrial users, such as the Tiwai Point aluminium smelter, are combining to create an uncerta...

Pattrick Smellie 08 Dec 2015
Key rehabilitates Collins, catapults Bennett to climate change

Key rehabilitates Collins, catapults Bennett to climate change

By Pattrick Smellie Dec. 7 (BusinessDesk) - Prime Minister John Key has brought his wayward former Minister Judith Collins back to Cabinet in the portfolios she succeeded in early in his government’s rule, taking responsibility for the Police and Corrections services. Key s...

Pattrick Smellie 07 Dec 2015
King Country Electric Power Trust rejects Trustpower takeover

King Country Electric Power Trust rejects Trustpower takeover

By Pattrick Smellie Dec. 7 (BusinessDesk) - The King Country Electric Power Trust, owner of 19.98 percent of the small-scale electricity generator and retailer, King Country Energy, has confirmed that it will not be accepting the takeover offer by Trustpower for its stake....

Pattrick Smellie 06 Dec 2015
CORRECT: Rangatira first-half operating earnings rise 11%, sees up to 30% full-year gain

CORRECT: Rangatira first-half operating earnings rise 11%, sees up to 30% full-year gain

(Corrects shareholder details in seventh paragraph) By Edwin Mitson Dec. 2 (BusinessDesk) - Rangatira, the diversified investor with stakes in smallgoods maker Hellers Butcher, Tuatara Brewery and the Rainbow's End theme park, posted an 11 percent gain in first-half operati...

Pattrick Smellie 02 Dec 2015