Non-payment still an issue as Genesis sells retail customer debt
Almost $8.2m of Genesis Energy’s debt is more than five years overdue.
Customers not paying their electricity bills remains an industry-wide issue, Genesis Energy says, as it tries to sell up to $18.4 million of its debt.
The NZX-listed energy company is seeking a “savvy purchaser” to buy the legal rights to its retail customer debt, some of which is overdue by
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