Andrew Harvey-Green: Forsyth Barr equity analyst on Contact Energy reporting record earnings

Best of Business · Aug 10, 2026 · 2m · transcript

Contact Energy is putting serious thought into data centres, after reporting record earnings.

The gentailer's made a $423 million annual profit - up nearly 28 percent.

It's now in talks with Australian firm CDC Data Centres, for a 250 megawatt data centre in Taranaki.

Forsyth Barr equity analyst Andrew Harvey-Green says CDC has a good track record, and grid and fibre connections are ready to go at the site.

He explained Contact covers the generation side - so from an New Zealand-inc perspective, he's positive about what data centres could do.

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