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Meridian Energy commits $169 mln to new Wellington wind farm
By Pattrick Smellie June 15 (BusinessDesk) - Meridian Energy has given the green light to building a new $169 million wind farm in the Ohariu Valley between Wellington and Porirua cities, following the success of its West Wind development just to the south. The 26-turbine Mill...
Fonterra buys NZ Dairies’ milk powder plant from receivers
May 18 (BusinessDesk) – Fonterra Cooperative Group has agreed to buy the South Canterbury milk powder plant of New Zealand Dairies, the Russian-owned company that went into receivership last month. No price was disclosed for the plant at Studholme, which can process about 150 m...
INM to delist NZX shares, haven't traded since 2007
June 15 (BusinessDesk) - Independent News & Media, the Irish parent of Australasia’s APN News & Media, is delisting shares which haven't traded on the New Zealand stock exchange since 2007. The locally listed shares last traded on Sept. 28 2007 for $5.30. INM will continue to l...
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