Contact Energy Ltd - Company Profile
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Business Description
Contact Energy Ltd (Contact Energy) is an electricity generator and retailer in New Zealand. Its major products include electricity, gas, broadband and solar. As of June 2023, the company generated 7.6 TWh of electricity and served 588,000 customers across New Zealand. The company operates its business through two operating segments: Wholesale and Retail. In FY2023, the company incurred a capital expenditure of NZD585 million which grew 59.8% YoY.
Business Segments
Overview
Delivers natural gas, electricity and other products and services to customers. It purchases electricity from the Wholesale segment. Strives to be the most service and value focused retailer across New Zealand
Performance
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Overview
Generates electricity and sells it to the wholesale electricity market and to Retail segment. It supplies electricity and natural gas to residential, commercial and industrial customers throughout the country. The company generates electricity from thermal, hydro and geothermal plants. - Major generation stations include Ohaaki, Poihipi, Stratford, Te Huka, Te Mihi, Te Rapa, Wairakei, Whirinaki, Clyde and Roxburgh
Performance
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