Latest / Auckland News Today | 2 Min News | The Daily News Now!
Contact Energy’s Renewable Leap | Auckland News
Contact Energy’s profits soared to $423 million last year, up nearly $100 million from the prior year, thanks to its acquisition of Manawa Energy and expanded renewable generation. CEO Mike Fuge says this should soon slash business energy costs—but warns home bills won’t see immediate relief as transmission charges are expected to rise. Meanwhile, Contact is partnering with CDC to build a 250-megawatt data center near Taranaki, positioning New Zealand as a global leader in green tech—on par with Norway and Sweden. Fuge insists these projects must meet strict community, pricing, and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.