Contact Energy stake sale confirmed
Australia's Origin Energy has confirmed its plans to sell its 53.09 per cent controlling stake in Contact Energy.
Contact Energy
Doc looking into land partnership
Doc looking into land partnership
The Department of Conservation is investigating whether Contact Energy land along the Clutha River could be owned in a partnership.
Bid to secure land for community use
Bid to secure land for community use
River conservationist Lewis Verduyn-Cassels has put his money where his mouth is in a bid to secure a piece of land for community use.
Contact not willing to give Upper Clutha land to Doc
Contact not willing to give Upper Clutha land to Doc
Contact Energy has ruled out giving more than 100ha of land along the Clutha River to the Department of Conservation.
Contact allows power bill to reach $11,500
Contact allows power bill to reach $11,500
A Dunedin resident is concerned Contact Energy has allowed his sister's unpaid electricity bill to reach more than $11,500.
Full lakes equal bigger Contact profit
Full lakes equal bigger Contact profit
Contact Energy's almost 30% profit boost to $88 million for its second half-year was in part due to overflowing southern hydro lakes and Contact's expanding portfolio of energy sources.
Dependent pre-pay power customers face severance
Dependent pre-pay power customers face severance
Thirteen Dunedin Contact Energy customers on pre-paid power are medically dependent on the supply, and their power could disconnect if not topped up, the power company says.
Thermal generation helps boost Contact's profit
Thermal generation helps boost Contact's profit
Diversification of generation assets helped Contact Energy lift its operating profit 15.2% in the year ended June to more than $508 million.
Large profit in the offing
Large profit in the offing
Contact Energy stands to make a substantial windfall on one small property it owns near Queenstown, if it decides to sell. In 1985 the government-owned Electricity Corporation of New Zealand...
Contact set to sell Clutha properties
Contact set to sell Clutha properties
One of the biggest private owners of land and assets along the Clutha River, Contact Energy, has begun disposing of land it no longer requires.
Contact downgraded as demand slides
Contact downgraded as demand slides
Electricity generator Contact Energy is expected to have a better 2012 financial year following strong operating statistics in April and May but Forsyth Barr broker Peter Young says the lift still feels short of what he expected.
Call for ethical repatriation of land
Call for ethical repatriation of land
Contact Energy's review of its Clutha River land bank has sparked calls for the electricity generator to be a "responsible corporate citizen" and repatriate land ethically, while securing critical public access easements.
Switching firms saves customers millions
Switching firms saves customers millions
The What's My Number campaign has been credited with spurring competition between electricity retailers.
Water under the bridge
Water under the bridge
Although Contact Energy is providing a predictable hedge against an unpredictable future by saying it cannot definitively rule out future exploration of potential hydro-electricity projects on the Clutha River, on Tuesday it confirmed these are being shelved for the foreseeable future.
Salmon released by Contact start to return
Salmon released by Contact start to return
Contact Energy's salmon smolt release programme is starting to pay off as anglers begin to catch some of the returning fish, Otago Fish and Game environmental officer Peter Wilson says.
Contact puts whitewater kayak play park on hold
Contact puts whitewater kayak play park on hold
Contact Energy says it can no longer permit construction of a whitewater kayak play park in the Hawea River this year because of water levels and electricity demand in the region, but will still fund the work when conditions improve.
River flow tests begin
River flow tests begin
The Hawea River has been temporarily reduced to well below its usual minimum permitted flow this week in preparation for the construction of a long-awaited whitewater kayak play park.
Smart shopping urged as power prices rise
Smart shopping urged as power prices rise
New Zealanders have been urged to shop around as power prices at the country's largest electricity company rise by up to 14 percent.
Clutha hydro plans stalled
Clutha hydro plans stalled
Contact Energy has signalled delays in its plans for further hydro development on the Clutha River, saying the project is on the "back burner" and other developments have greater priority.
Contact criticised for profit outlook short on detail
Contact criticised for profit outlook short on detail
Electricity company Contact Energy came in for criticism yesterday for not providing enough detail in the outlook contained in its interim profit announcement.