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Regulation slashes Transpower profit

State-owned utility proposes retail bond issue.

Tim Hunter Tue, 24 Aug 2021

Profits at state-owned grid operator Transpower have fallen sharply as regulation forced a cut in its transmission charges to lines companies.

Chief executive Alison Andrew described it as “a solid financial performance … thanks to careful planning, procurement and project delivery”.

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Tim Hunter Tue, 24 Aug 2021
Contact the Writer: thunter@nbr.co.nz
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Regulation slashes Transpower profit
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