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Hot Topic EARNINGS
Hot Topic EARNINGS
Infrastructure
6 mins to read

Ambitious bid to create a single trans-Tasman electricity market

Richard Homewood is confident about raising the billions needed for the project.

WATCH: Taslink director Richard Homewood speaks with Brent Edwards.

Brent Edwards Tue, 04 Mar 2025

A new company is proposing to build a $12 billion, 2600km trans-Tasman submarine cable to facilitate two-way electricity trade between New Zealand and Australia.

Taslink is embarking on a roughly $50 million capital raise for the second phase of the project, before doing its third and most

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Brent Edwards Tue, 04 Mar 2025
Contact the Writer: brent@nbr.co.nz
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Ambitious bid to create a single trans-Tasman electricity market
Infrastructure,
108099
true