Infrastructure

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Auckland not viable as main North Island import port long term - Ardern
Listed Companies

Auckland not viable as main North Island import port long term - Ardern

Ports of Auckland is not viable as the main import terminal for the upper North Island long term, Prime Minister Jacinda Ardern says.The final report from the government-commissioned Upper North Island Supply Chain Strategy study will be published Thursday.While Ardern would not...

Gavin Evans 09 Dec 2019
Transpower to rejig maintenance after flood damage

Transpower to rejig maintenance after flood damage

National grid operator Transpower intends to reschedule maintenance work in the South Island after weekend flooding took out one of the four lines it has crossing the Rangitata River between Timaru and Ashburton.Nine transmission towers on the firm’s 220-kilovolt circuit between...

Gavin Evans 09 Dec 2019
The sun and natural gas: Todd Corp's $3b 'clean' electricity play
Primary Sector Free

The sun and natural gas: Todd Corp's $3b 'clean' electricity play

Todd Corp is planning to spend $3 billion over the next 10 years in New Zealand on solar electricity, natural gas-fired power stations, and further developing its Taranaki gas fields. Two-thirds of that total will go to extracting more natural gas from Todd's Mangahewa onshore Ta...

Pattrick Smellie 06 Dec 2019
Z says ComCom wrong on fuel company profits
Listed Companies

Z says ComCom wrong on fuel company profits

The Commerce Commission’s views on profitability in the retail fuel sector would be “materially different” if they had looked at current earnings, Z Energy chief executive Mike Bennetts says.Margins in the industry have fallen materially from even a year ago and the picture today...

Gavin Evans 05 Dec 2019