Who owns Trustpower NZ?
Infratil
The company’s ownership structure is dominated by its two major shareholders: Infratil which owns 51.0% and the Tauranga Energy Consumer Trust (TECT) which owns 26.8% and the remaining 22.2% is widely held.
Is Trustpower government owned?
Trustpower is a publicly-owned company, listed on the New Zealand Exchange (NZX).
Is trustpower legitimate?
Trustpower is an electricity generation and electricity retailing company, listed on the New Zealand stock exchange.
Who is buying trustpower?
Mercury Energy
Mercury Energy has been given the green light to buy Trustpower’s retail business by the Commerce Commission, which said the $441 million deal would not substantially lessen competition.
Where does trustpower get its power from?
We have a strong focus on sustainable, renewable electricity generation using hydroelectric power stations.
How good is powershop?
While Powershop’s electricity and gas prices are not the lowest on the market, they are still well below the most expensive of their competitors, and the company offers discounts and incentives for their customers, claiming they help them to keep track of their energy usage and so stay in control of their bills.
Is Mercury buying trustpower?
Under the proposed acquisition, Mercury will acquire Trustpower’s existing retail contracts to supply electricity, gas, and fixed and wireless broadband and mobile phone services. Trustpower has approximately 234,000 customers across New Zealand.
Who owns Infratil NZ?
H. R. L. Morrison & Co
Infratil/Parent organizations
Who owns the Powershop?
Meridian Energy
Powershop/Parent organizations