Genesis ends electricity Mexican standoff with up to $25m Huntly deal
Genesis has persuaded its competitors to cover the costs of ensuring New Zealand's lights stay on beyond 2018. With special feature audio.
Genesis Energy [NZX: GNE] has reached a deal with an undisclosed number of its competing generator/retailers that will cover its costs of up to $25 million of keeping the two remaining Rankine units at Huntly operating for another four years.
The deal covers 230 megawatts of power in each of the
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Jenny Ruth
Thu, 28 Apr 2016
Thu, 28 Apr 2016
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Genesis ends electricity Mexican standoff with up to $25m Huntly deal
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