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Power retailer Prime Energy ‘in discussions’ with Manawa

Small Auckland electricity retailer said to be involved in generator's multimillion dollar bad debt.

Prime Energy's offices in Auckland's Shortland St.

Tim Hunter Fri, 09 Aug 2024

The electricity retailer owing millions to NZX-listed generator Manawa Energy has been identified as Prime Energy, a small Auckland company.

In a statement to the NZX yesterday Manawa said it had booked a provision of about $17 million for a bad debt owed by a retailer.

According to a report by

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Tim Hunter Fri, 09 Aug 2024
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Power retailer Prime Energy ‘in discussions’ with Manawa
Infrastructure,
105274
true