close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

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.

Jenny Ruth
Thu, 28 Apr 2016

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

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jenny Ruth
Thu, 28 Apr 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Genesis ends electricity Mexican standoff with up to $25m Huntly deal
57698
true