Mighty River Power - Latest News [Page 1]

MRP to exit geothermal investments in Chile & Germany

Tuesday, 16 December 2014, 9:40 am | Mighty River Power

Mighty River Power today announced that the Company will exit its geothermal development interests in Chile and Germany, while keeping its stake in operating US interests. The Company announced earlier this year that it was undertaking a review of international ... More >>

Mighty River Power’s longest-serving director to retire

Friday, 28 November 2014, 9:41 am | Mighty River Power

Mighty River Power’s longest-serving director, Tania Simpson, has advised that she will retire from the Company’s Board in June 2015. More >>

Mighty River Power appoints GM Strategy & Communications

Monday, 17 November 2014, 11:02 am | Mighty River Power

Mighty River Power appoints GM Strategy & Communications Mighty River Power today announced the appointment of Toni Laming to the position of General Manager Strategy & Communications. Chief Executive, Fraser Whineray, said the new role announced ... More >>

‘Stunning opportunity’ in home-grown fuel

Friday, 7 November 2014, 1:11 pm | Mighty River Power

New Zealand’s electricity is among the greenest in the world and provides the ideal platform for the widespread adoption of electric vehicles, says Mighty River Power CEO Fraser Whineray. More >>

Mighty River Power 2014 Annual Shareholders' Meeting

Thursday, 6 November 2014, 2:46 pm | Mighty River Power

Please find attached the presentation that will be given at Mighty River Power’s Annual Shareholders’ Meeting starting at 2pm today. More >>

MRP announces special dividend for shareholders

Wednesday, 5 November 2014, 5:19 pm | Mighty River Power

Mighty River Power today announced a fully imputed special dividend of 5 cents per share to be paid to the Company’s more than 102,000 shareholders on 11 December 2014. More >>

Mighty River Power Operational Update: 30 Sept 2014

Friday, 24 October 2014, 1:22 pm | Mighty River Power

Mighty River Power‘s operating statistics for the quarter to 30 September 2014 demonstrate a lift in total generation by 10% (170GWh) on the prior comparable period (pcp). Hydro generation was up 66GWh to 929GWh – but below average due to a continuation ... More >>

MRP Appoints General Manager for Hydro/Wholesale

Thursday, 18 September 2014, 2:48 pm | Mighty River Power

Mighty River Power today announced the appointment of Phil Gibson to the position of General Manager Hydro/Wholesale – as part of the Company’s leadership team under new Chief Executive Fraser Whineray. More >>

Shearer claims on power pricing misleading our customers

Wednesday, 20 August 2014, 4:12 pm | Mighty River Power

Claims by Labour Energy spokesperson, David Shearer, about rocketing power prices and “outrageous” profits are plainly incorrect and grossly misleading for New Zealand electricity consumers. Mighty River Power Chief Executive, Doug Heffernan, ... More >>

Annual Results and dividend above IPO financial forecasts

Wednesday, 20 August 2014, 8:59 am | Mighty River Power

Mighty River Power today reported FY2014 financial results above the Company’s IPO forecasts in a year marked by highly-competitive customer pricing and the worst hydro inflows into the Waikato River hydro catchment in the Company’s history. More >>

Mighty River Power: Quarterly Operational Update

Thursday, 24 July 2014, 10:05 am | Mighty River Power

Mighty River Power’s average energy price for sales to customers in the quarter to 30 June 2014 was down 4% on the prior comparable period (pcp), reflecting the highly competitive retail electricity market. More >>

Changes to Mighty River Power leadership team

Wednesday, 23 July 2014, 1:14 pm | Mighty River Power

Mighty River Power today announced a realignment of its leadership team under incoming Chief Executive Fraser Whineray from 1 September as the Company prepares for the next phase of its evolution. More >>

Global marketer Andrew Lark joins MRP Board

Thursday, 10 July 2014, 11:19 am | Mighty River Power

Mighty River Power today announced the appointment of experienced international marketer and digital innovator, Andrew Lark, to the Company’s Board. Mr Lark has more than 25 years’ experience leading global marketing functions in large international ... More >>

Mighty River Power completes successful Capital Bond offer

Wednesday, 9 July 2014, 5:38 pm | Mighty River Power

Mighty River Power has today confirmed, following the close of the Capital Bond offer yesterday, that $300 million of unsecured subordinated Capital Bonds will be issued with an initial interest rate of 6.90% per annum. More >>

Metrix partnership with Trustpower supports growth plans

Thursday, 3 July 2014, 1:26 pm | Mighty River Power

Metrix has today confirmed that it has completed commercial negotiations with Trustpower for a long-term service contract, including the deployment of smart meters to Trustpower’s 225,000 residential customers, starting during 2015. Metrix Chief Executive, Matthew ... More >>

Customers deserve clarity in pricing communications

Thursday, 26 June 2014, 12:05 pm | Mighty River Power

Mighty River Power today called for change that would allow greater simplicity in electricity pricing announcements for the benefit of customers. In response to yesterday’s report from the Electricity Authority into recent pricing communications by the industry, ... More >>

Successful completion of bookbuild for MRP Capital Bond offe

Tuesday, 17 June 2014, 5:32 pm | Mighty River Power

Mighty River Power today announced the successful completion of the bookbuild process for its Capital Bond offer and a minimum interest rate set at 6.80%. More >>

Mighty River Power confirms $250 million Capital Bond offer

Monday, 9 June 2014, 1:31 pm | Mighty River Power

Mighty River Power has today confirmed an offer to the New Zealand public of up to $250 million of unsecured subordinated Capital Bonds, with an option to accept up to an additional $50 million of oversubscriptions. More >>

Metrix confirmed as preferred metering partner for Trustpowe

Thursday, 5 June 2014, 9:12 am | Mighty River Power

Mighty River Power today welcomed an announcement confirming that the Company’s metering business, Metrix, had been selected by Trustpower as its preferred partner for the provision of nationwide metering services and the roll-out of ‘smart’ ... More >>

Mighty River Power considers capital bond offer

Tuesday, 27 May 2014, 3:40 pm | Mighty River Power

Mighty River Power announced today that it is considering making an offer to the New Zealand public of up to $250 million of unsecured subordinated capital bonds, including an option to accept an additional $50 million of oversubscriptions. Chief ... More >>

 

 

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