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Published • loading... • Updated

Genesis Energy says power shortage cost it $59 million

Summary
Genesis Energy lifted its earnings in the first half despite spending an extra $59 million on gas during last year’s power price spike. The company said its...

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scoop.co.nzscoop.co.nz

Genesis Doubles Profits As Whānau Freeze

“We have got an energy insecurity problem in Aotearoa, but it is not because the last government scaled back coal mining,” said Te Pāti Māori co-leader, Debbie Ngarewa-Packer.

·Wellington, New Zealand
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RNZRNZ

Genesis Energy half-year profit almost doubles thanks to high wholesale prices

The power company's half-year profit rose strongly as high wholesale prices offset higher overheads.

·New Zealand
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NZ HeraldNZ Herald

Genesis reports strong first half profit

Genesis Energy has reported a strong first half result, despite last winter’s dry conditions and industry-wide gas shortages. The power generator and...

·Auckland, New Zealand
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  • 67% of the sources are Center
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NZ Herald broke the news in Auckland, New Zealand on Thursday, February 20, 2025.
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