Manawa Energy, Aotearoa New Zealand's largest independent electricity generator, has announced strong financial results for the 2021 financial year, with net profit after tax increasing to $119.8 million and operational earnings (EBITDAF) at $204.2 million.
The sale of the company's mass market retail business to Mercury Energy has enabled Manawa Energy to transition to a standalone renewable generation business, optimally positioned to deliver on the energy needs of tomorrow.
The company is currently assessing multiple projects at varying levels of scale and maturity, and plans to deliver firmed renewable generation solutions to major industrial energy users in New Zealand.
Manawa Energy has declared a fully imputed final dividend of 16 cents per share and a one-off special dividend of 35 cents per share, unimputed.
See more
