Manawa Energy Ltd - Company Profile
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Manawa Energy Ltd (Manawa Energy), formerly Trustpower Ltd, is a generator and retailer of electricity and supplier of gas and telecommunication services. It is a subsidiary of Infratil Ltd. The company produces electricity from wind, hydro, geothermal, and diesel sources. It owns and operates various power projects across New Zealand and Australia. Manawa Energy also leases electricity meters to its retail operations and other parties. The company has pipeline of potential wind farms across Western Australia, South Australia, New South Wales and Victoria; and the North and South Islands of New Zealand. It serves individual and commercial customers across Australia and New Zealand. Manawa Energy is headquartered in Tauranga, Bay of Plenty, New Zealand.
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Products and Services
Products | Services |
---|---|
Electricity | Distribution |
Transmission | |
Broadband |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In October, the company partnered with Pioneer Energy to investigate the development of a 300 MW wind generation project in southwest Otago. |
2018 | Contracts/Agreements | In February, Trustpower Ltd signed a purchase agreement with Meridian Energy Australia to provide three hydro power stations for worth US$168million. |
2017 | New Products/Services | In December, the company launched Solar Buddies, a new way that allows trading of surplus solar generation between its customers. |
Competitor Comparison
Key Parameters | Manawa Energy Ltd | Spark New Zealand Ltd | Meridian Energy Ltd | Mercury NZ Ltd | Genesis Energy Ltd |
---|---|---|---|---|---|
Headquarters | New Zealand | New Zealand | New Zealand | New Zealand | New Zealand |
City | Tauranga | Auckland | Wellington | Tauranga | Auckland |
State/Province | Northland | - | - | Auckland | Auckland |
No. of Employees | 144 | 5,189 | 878 | 1,512 | 1,268 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Paul Ridley-Smith | Chairman | Executive Board | 2016 | - |
Clayton Delmarter | Chief Executive Officer | Senior Management | 2024 | - |
Phil Wiltshire | General Manager - Corporate Services | Senior Management | 2021 | - |
Matthew James | General Manager - Commercial | Senior Management | 2023 | - |
Catherine Thompson | General Manager - Regulatory and Risk | Senior Management | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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