Genesis Energy - Latest News [Page 1]

Genesis Energy Establishes Solid Growth Platform

Tuesday, 22 August 2017, 10:24 am | Genesis Energy

A refreshed strategic direction, two major acquisitions, and keeping a constant focus on moving towards a customer-centric future all helped to make FY2017 a successful one for Genesis Energy while building a platform for ongoing growth and innovation. More >>

Genesis Energy settles on Nova LPG acquisition

Wednesday, 31 May 2017, 4:17 pm | Genesis Energy

Genesis Energy Limited (GNE) today announced that its acquisition of the Nova Energy retail LPG business has been completed, paving the way for the company to bring its service and innovations to an additional 35,000 LPG customers throughout New Zealand. More >>

Genesis Energy to Purchase Nova Energy Retail LPG Business

Monday, 1 May 2017, 10:51 am | Genesis Energy

Genesis Energy Limited (GNE) today said it was delighted to announce an agreement to acquire the LPG distribution assets and LPG customer base of Nova Energy, a subsidiary of the Todd Corporation, for total consideration of $192 million. More >>

New Genesis Energy LPG Value Plans

Wednesday, 6 April 2016, 2:46 pm | Genesis Energy

Genesis Energy has announced its new nationwide LPG Value Plans. This is a new type of LPG plan in the market where, unlike all other competitor offerings, New Zealanders using 45kg bottles of LPG will be billed the same amount each month – even in winter ... More >>

Genesis Energy announces end to coal-fired generation in NZ

Thursday, 6 August 2015, 9:37 am | Genesis Energy

Genesis Energy announced today that its last two coal-burning electricity generators at the Huntly Power Station will be permanently withdrawn from the market by December 2018, signaling the end of large scale coal-fired generation, and associated carbon ... More >>

Genesis Oncology Trust-funded researchers win US competition

Tuesday, 8 April 2014, 12:17 pm | Genesis Energy

Two New Zealanders, who completed their PhDs with funding from the Genesis Oncology Trust, are members of a joint team from Auckland and Stanford Universities to gain funding that will help accelerate the commercialization of their innovative breast ... More >>

Genesis Energy grows total sales volumes in volatile market

Wednesday, 12 February 2014, 1:47 pm | Genesis Energy

Despite considerable competitive pressure in the retail electricity and gas markets, a continuous focus on customer service and product offerings enabled Genesis Energy to grow total sales volumes of electricity, natural gas and LPG which were all up ... More >>

Genesis Energy grows electricity and retail gas sales volume

Thursday, 30 January 2014, 2:17 pm | Genesis Energy

Additional commercial electricity and residential gas customers joining Genesis Energy resulted in improved electricity and gas sales for New Zealand’s leading energy retailer in the three months to the end of December 2013 (Q2). More >>

Genesis Energy ends imported coal contract

Friday, 24 January 2014, 5:02 pm | Genesis Energy

Genesis Energy, operator of New Zealand’s largest power station at Huntly, has ended a contract to import coal from off shore and, at the same time, has extended its supply agreement with Solid Energy. More >>

Q1 turnaround in sales volumes

Wednesday, 30 October 2013, 9:41 am | Genesis Energy

Genesis Energy experienced a 2% year-on-year increase in retail electricity sales volumes in the first quarter (Q1) of the 2013/2014 financial year, despite facing pressure on customer numbers and subdued demand. The electricity market remains challenging ... More >>

Genesis Energy unconnected to Huntly announcement

Thursday, 15 August 2013, 2:45 pm | Genesis Energy

Genesis Energy confirmed today that its on-going operations at Huntly Power Station are unconnected to Solid Energy’s announcement regarding its Huntly East Mine. More >>

Huntly East mine closure unrelated to Genesis Energy

Wednesday, 26 September 2012, 12:42 pm | Genesis Energy

Contrary to media reports today, coal mined from Solid Energy’s Huntly East mine is not used at Huntly Power Station. More >>

Hillary Challenge Qualifier on in Taupo this weekend

Wednesday, 12 September 2012, 6:00 pm | Genesis Energy

Twenty-one secondary school teams (eight students per team) will be out and about in Taupo this weekend as they take part in the qualifiying event for one of New Zealand’s most exciting adventure weekends, The Genesis Energy Hillary Challenge. More >>

Genesis Energy Launches Advanced Energy Neighbourhood

Tuesday, 8 May 2012, 12:53 pm | Genesis Energy

New Zealand’s first advanced energy neighbourhood was officially launched today by Genesis Energy, with the aim of creating a test bed to find smarter ways for customers to manage their energy. More >>

GreenWave Reality and Genesis Energy Announce Partnership

Friday, 4 May 2012, 5:07 pm | Genesis Energy

GreenWave Reality, a global innovator in the Smart Home Services market that includes Energy Management, Connected Lighting, and Home Monitoring services, today announced it has entered into a strategic partnership with Genesis Energy. More >>

Genesis Energy confirms outage occurred at Huntly

Tuesday, 13 December 2011, 3:07 pm | Genesis Energy

All generation output into the National Grid from the Huntly Power Station ceased at 12.45pm this afternoon. More >>

Genesis Energy appoints Chief Financial Officer

Thursday, 10 November 2011, 11:24 am | Genesis Energy

Genesis Energy has appointed Andrew Donaldson to the new role of Chief Financial Officer (CFO). Mr Donaldson joins Genesis Energy from Smartpay NZ Ltd, where he was Group Chief Executive New Zealand and Australia. More >>

New challenges for all at Lake to Lighthouse

Monday, 31 October 2011, 12:05 pm | Genesis Energy

A few kilometres down-valley from glistening Lake Waikaremoana, the close-knit community of Tuai is gearing up for its mightiest days of the year. From 18 - 20 November, the Genesis Energy Lake to Lighthouse Challenge will again bring Tuai - and the trails, ... More >>

Genesis Energy reports improved 2011 operating result

Friday, 26 August 2011, 10:09 am | Genesis Energy

Group operating result increases 18% from $249 million to $293 million Tekapo A and B stations acquired and now integrated into the Genesis Energy portfolio Successful issue of $275 million Capital Bonds to fund the Tekapo A and B acquisition Customer ... More >>

Genesis Energy responds to Electricity Authority decision

Wednesday, 15 June 2011, 3:28 pm | Genesis Energy

Genesis Energy today expressed disappointment with the Electricity Authority’s decision to declare an Undesirable Trading Situation for certain trading periods on 26 March 2011. Although welcoming the confirmation that Genesis Energy had not ... More >>



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