Further to Meridian’s NZX announcements of 15 August and 16 and 30 September 2022, Meridian and Contact have agreed to extend the conditions precedent date for the 2024 calendar year of their 150GWh per annum Swaption and 294GWh per annum CfD agreements from 15 September 2023 to 15 November 2023.
A ‘gold standard’ approach and siloed structure slow the ComCom down.
Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.
The S&P/NZX 50 Index closed down 0.05% or 6.5 points.
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