Manawa Energy FY23 Financial Results and Integrated Report
Independent renewable electricity generator and developer Manawa Energy (‘Manawa’) reported a solid full year financial result following the successful sale of the Trustpower mass market retail business earlier this year. 
© 2024 sharechat.co.nz Tue, 16 May 11:46am Derivatives gain lifts Manawa profit, sets 35c special div
A financial derivatives gain hoisted a trimmed-down power generator Manawa Energy's net profit to $119.8m in the March year, the company - formerly Trustpower - said.The $30.7m improvement was largely due to a non-cash fair value...
© 2024 NZ Herald Mon, 16 May 9:58am Mercury NZ Limited confirmed that TECT restructure condition satisfied
Mercury NZ Limited (Mercury) is pleased to confirm that the Tauranga Energy Consumer Trust (TECT) restructure condition in its acquisition of Trustpower Limited’s (Trustpower) retail business has now been satisfied
© 2024 sharechat.co.nz Mon, 4 Apr 10:59am Trustpower trading halt lifted as last hurdle to $441m Mercury deal cleared
Trustpower shares were put in a trading halt pending a high court ruling regarding the sale of its retail business to Mercury.
© 2024 Stuff.co.nz Thu, 16 Dec 10:41am Trustpower Limited (NZX: TPW) Releases Half Year Report - 30 September 2021
TPW has delivered a strong half year result ahead of its impending sale of the mass market retail business to Mercury NZ Limited (Mercury Energy), with two of the three conditions now met and the final condition expected before the financial year is over
© 2024 sharechat.co.nz Mon, 8 Nov 9:22am  Mercury agrees to pay $441m for Trustpower's retail business, with conditions
Deal depends on local electricity trust being able to continue arrangement that appeared to trouble the Electricity Price Review.
© 2024 Stuff.co.nz Mon, 21 Jun 11:04am Infratil Limited (NZX: IFT) TPW Announces Conditional Sale of Its Retail Business
Trustpower Limited, in which Infratil is a 51% shareholder, this morning announced the sale of its gas, telecommunications and retail electricity supply business to Mercury NZ Limited. Infratil advises that it is supportive of the sale
© 2024 sharechat.co.nz Mon, 21 Jun 9:25am  Trustpower Limited (NZX: TPW) FY22 Market Guidance
While the ongoing strategic review has created considerable uncertainty, Trustpower wishes to provide market guidance for FY-2022, assuming the retail business is held for the course of the year: Group EBITDAF in the range of $200 - $225 million
© 2024 sharechat.co.nz Tue, 18 May 9:05am |
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MCY - Quarterly Operational Update
Mercury's quarterly operating update now includes the impact of the Trustpower retail business resulting in higher mass market connections, volumes and prices versus the prior period
© 2024 sharechat.co.nz Fri, 21 Oct 1:40pm Trustpower to become Manawa on Thursday
Tauranga-based power generator Trustpower is to become Manawa Energy from Thursday, the company said.The company's NZX ticker code will change from TPW to MNW.In a separate statement, Trustpower said the sale of its gas, telecommunications...
© 2024 NZ Herald Mon, 2 May 11:52am  Unsettled weather drives cut in Trustpower earnings guide
Trustpower has cut its earnings guidance for the March year due to unfavourable weather.Tauranga-based Trustpower is in the throes of selling its retail business to Mercury NZ for $441m. Read More Trustpower sells retail business...
© 2024 NZ Herald Tue, 15 Feb 10:33am Trustpower Limited (NZX: TPW) Retail Business sale Cleared by Commerce Commission
The sale includes Trustpower’s existing retail contracts to supply electricity, gas, fixed and wireless broadband and mobile phone services. Trustpower has approximately 234,000 customers across New Zealand
© 2024 sharechat.co.nz Tue, 28 Sep 12:23am Possible spanner in $441m sale of Trustpower's retail arm to Mercury
Commerce Commission says investigation into electricity trust's arrangements wrapping up soon.
© 2024 Stuff.co.nz Mon, 21 Jun 5:44pm Trustpower sells retail business to Mercury for $441m, pending Commerce Commission approval
Mercury NZ Ltd will buy Trustpower's retail business for $441 million once it meets several conditions including Commerce Commission approval.The two businesses have entered into a binding agreement which is also conditional on...
© 2024 NZ Herald Mon, 21 Jun 9:34am Mercury NZ Limited (NZX: MCY) Agrees to Acquire Trustpower's Retail Business
Mercury NZ Limited has announced that it has entered into binding agreements with Trustpower Limited to acquire Trustpower’s retail business for NZ$441 million, payable in cash
© 2024 sharechat.co.nz Mon, 21 Jun 9:05am Trustpower Limited (NZX: TPW) Announces Conditional Sale of Its Retail Business
Trustpower today announces the conditional sale of its gas, telecommunications, and retail electricity supply business (excluding the supply of electricity to commercial and industrial customers) to Mercury NZ Limited (Mercury) for $441million
© 2024 sharechat.co.nz Mon, 21 Jun 9:05am
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