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UPDATE TrustPower backs out of Ruataniwha water scheme

UPDATE TrustPower backs out of Ruataniwha water scheme

By Paul McBeth and Pattrick Smellie (ADDS comment from HBRIC and Ngai Tahu) March 27 (BusinessDesk) - Trustpower, the electricity company controlled by Infratil, has walked away from the $265 million Ruataniwha water storage scheme, the same day the Hawke’s Bay Regional Council...

27 Mar 2014
Trustpower backs out of Ruataniwha water scheme as council sets public consultation

Trustpower backs out of Ruataniwha water scheme as council sets public consultation

By Paul McBeth and Pattrick Smellie March 27 (BusinessDesk) - Trustpower, the electricity company controlled by Infratil, has walked away from the $265 million Ruataniwha water storage scheme, the same day the Hawke’s Bay Regional Council set the timeline for public consultation...

27 Mar 2014
Synlait Milk shares punished for over-optimistic forecasts, Chinese regulatory speed bumps

Synlait Milk shares punished for over-optimistic forecasts, Chinese regulatory speed bumps

By Jonathan Underhill March 27 (BusinessDesk) – Investors punished Synlait Milk shares after the dairy processor was forced to wind back the bullish profit forecast it gave in January because of disruptions from increased Chinese regulations on infant formula and unfavourable f...

27 Mar 2014