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RESEND: TruScreen begins selling TruScreen2 devices to China
(Fixes typo in headline) By Rebecca Howard Dec. 21 (BusinessDesk) - NZAX-listed TruScreen has received payment for an initial order from its Chinese distributor following China Food and Drug Administration approval for its TruScreen2 device. The Auckland-based cervical c...
Genesis generator fault won't hit FY18 guidance despite cutting capacity 43%
By Sophie Boot Dec. 21 (BusinessDesk) - One of Genesis Energy's three generators in Tekapo suffered a fault last month and won't return to full capacity until early March, though the company hasn't altered full-year guidance. The fault occurred when the unit was being retur...
Contact to sell Ahuroa Gas Storage to Gas Services NZ for $200M
By Paul McBeth Dec. 21 (BusinessDesk) - Contact Energy has signed an agreement to sell its Ahuroa Gas Storage facility in Taranaki to Gas Services New Zealand, which is affiliated with Maui pipeline owner First Gas, for $200 million, which it will use to repay debt. Wellin...