
Genesis raises $150m in US private placement issue
Genesis has raised US$150 million in its first issue of notes in the US private placement market and will use the funds to repay bank debt.
Genesis has raised US$150 million in its first issue of notes in the US private placement market and will use the funds to repay bank debt.
New Zealand shares fell yesterday, paced by Meridian Energy, Contact Energy and Mighty River Power as some investors looked to crystallise recent gains.
It's shaping up to be another bumper year for the NZ sharemarket, with the NZX 50 up more than 14pc and trading at record levels.
Land bought by Meridian for its controversial $2b wind farm is on the market spelling the final chapter of the failed project.
If I were running Mercury, I'd regard people like myself as perfect customers, writes Brian Rudman.
New Zealand-founded LanzaTech has been named the world’s hottest bioenergy company in a prestigious annual list.
The New Zealand share market pushed higher to a new record high at midday today. Here are four reasons why.
Infratil will return $120m to shareholders as a special dividend after it sold its Australian energy assets for a net $670m.
The New Zealand share market has continued its record-breaking run, with the NZX50 Index hitting its highest ever point.
Mighty River Power told shareholders its 2015 earnings will be at the lower end of guidance at the Auckland-based company's annual meeting today.
Mighty River Power, the first of the state-owned power companies to be partially privatised last year, will pay a special dividend to shareholders after the latest board review of its capital....
Finance Minister Bill English has defended big bonus payments and pay rises to the bosses of the newly partially privatised energy companies, saying they were paid below market rates when the....
Trustpower, the energy company controlled by Infratil, posted a 16 per cent gain in first-half profit after lifting retail electricity sales.
I am the household manager - in part, because the other half isn't interested in assuming the role and in part because I like to know what's going on.
A husband and wife team could help change the way products as common as car tyres are made by recycling chemicals from greenhouse gases.
Meridian Energy will watch first for closure of fossil fuel-fired power station.
Check out a snapshot of some of the stellar performers on the New Zealand sharemarket this year, as it surged ahead breaking new records.
Power cuts are a part of life and Aucklanders should get used to it, says Vector chairman Michael Stiassny.
New Zealand shares gained for a third day yesterday, paced by Contact Energy and TrustPower, as investors spooked by recent volatility sought high-yield stocks. Fisher & Paykel Healthcare rose to a record.
Up to 80 per cent of Auckland electricity customers have signed contracts that allow their hot water to be cut off - but many were unaware until the blackouts.
Some Auckland residents were without hot water until late this morning following yet another fault with Vector’s electricity network.
An investigation into the substation fire which cut power to tens of thousands of Aucklanders will be jointly carried out by Transpower and Vector.
Vector and Transpower will audit vital equipment at power substations in a bid to identify other potentially vulnerable or problem areas within Auckland's beleaguered electricity network.
Energy Minister Simon Bridges says he is confident that lines company Vector acted appropriately in the wake of the power cuts in Auckland.
Vector has warned recently restored power users to expect to be 'dropped' from the system during peak times today, as a former chairman criticises the company.
Power should be restored to all Auckland suburbs by 5am tomorrow, lines company Vector said.
A former Mighty River Power engineer accused of $2 million fraud at the company has pleaded not guilty this morning.