Government announces New Zealand Energy Package

GENERAL
Wed, Oct 01 2025 08:30 am

1 October 2025

Government announces New Zealand Energy Package

Contact Energy Limited (Contact) acknowledges today’s announcement, by the New Zealand Government, of steps it will take to support the energy transition.

The announcement has been made alongside the release of the Government-commissioned Review of Electricity Market Performance prepared by global consultancy, Frontier Economics.

“We support any initiatives that accelerate electrification and that explore opportunities to manage the energy transition to a renewable future in an orderly way,” said CEO Mike Fuge.

“We will take time to review and consider the Government’s proposals over the coming weeks. We welcome the clarity that today’s announcement has provided and look forward to constructive engagement.”

In line with its strategy to be a leader in the decarbonisation of New Zealand, Contact is a major contributor to energy investment, having committed more than $2 billion to building the critical energy infrastructure New Zealand needs.

Investor enquiries
Shelley Hollingsworth
Head of Corporate Finance (A)
64 27 227 2429
[email protected]

Media enquiries
Louise Wright
Head of Communications and Reputation
64 21 840 313
[email protected]


Announcement PDF