Current power prices ‘unsustainable’ says Mercury CFO
Power company wary of long-term effects on dividends and gearing.
Mercury’s Turitea North wind farm near Palmerston North.
Mercury Energy has signalled a cautious approach to future dividend payouts, saying earnings could ultimately be affected by a slide in power prices.
During a presentation for analysts after Mercury announced its full-year result this morning, Forsyth Barr analyst Andrew Harvey-Green asked whether
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