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Powerco - Latest News [Page 3]

Major Power Upgrade for Central Tauranga

Wednesday, 25 May 2005, 10:39 am | Powerco

A $1.9 million project, one of several planned to upgrade central Tauranga’s power supply, has begun with a new transformer arriving at the Waihi Road substation last week. More >>

Third party joins Trans Tasman Power deal

Friday, 20 May 2005, 4:14 pm | Powerco

Powerco and Ceramic Fuel Cells Ltd today announced the appointment of Industrial Research Limited, in New Zealand, in conducting the field trials of Australasia’s first fuel cell powered domestic generator. More >>

Coromandel’s Power Lines Assessed From The Air

Thursday, 17 March 2005, 12:16 am | Powerco

Coromandel’s main power lines will be inspected this month using a special camera operated from a helicopter. More >>

Major Power Upgrades In Store

Monday, 7 March 2005, 1:39 pm | Powerco

Electricity distribution company Powerco has announced major projects planned this year to improve the reliability of Tauranga’s power supply. More >>

Options Canvassed On Fuel Cell Field Trial Sites

Wednesday, 15 December 2004, 11:17 am | Powerco

Powerco and Ceramic Fuel Cells Limited (CFCL) have announced that they will confirm the sites for the first fuel cell field trials for New Zealand early in 2005. More >>

New energy deal across the Tasman

Friday, 26 November 2004, 12:23 am | Powerco

New Zealand’s Powerco and Australian Ceramic Fuel Cells Limited, CFCL have signed an agreement to conduct trials of ground-breaking new fuel cell energy systems in New Zealand. More >>

Takeovers Panel’s Reasons For Powerco Decision

Monday, 18 October 2004, 9:28 am | Powerco

The Takeovers Panel has today released its statement of reasons for the determination made on Wednesday 13 October that Prime Infrastructure Networks (New Zealand) Limited, New Plymouth District Council, Taranaki Electricity Trust Incorporated, Wanganui ... More >>

Time for retailers to fully explain power bills

Monday, 12 July 2004, 1:04 pm | Powerco

The Chief Executive of the country’s second largest electricity lines company today said retailers should be compelled to fully itemise all of the costs on a customer’s electricity bill. More >>

Powerco revises financial statements

Friday, 18 June 2004, 11:49 am | Powerco

Potential changes to Powerco’s ownership have had an impact on Powerco’s previously reported results of the year ended 31 March 2004, the Company announced today. More >>

Regulatory decisions should favour investment

Monday, 10 November 2003, 11:24 am | Powerco

Powerco Chief Executive Steven Boulton today said the seemingly endless focus on regulation and imposition of business compliance costs in New Zealand runs the danger of killing off much-needed infrastructure investment. More >>

More Electricity Regulation Will Stifle Investment

Monday, 20 October 2003, 2:29 pm | Powerco

Powerco is seeking further clarification from the Ministry of Economic Development and Energy Minister Pete Hodgson with regard to a recent discussion paper on "distributed generation" or DG. More >>

Powerco reports on half year result

Thursday, 16 October 2003, 2:37 pm | Powerco

Leading New Zealand energy distribution company Powerco has recorded a half-year unaudited post tax profit of $30.7 million or 9.7 cents per share ($18.7 million or 8.4 cents per share for the previous corresponding half year) for the six months ... More >>

Tasmanian Natural Gas Network Stage 2 Announcement

Wednesday, 1 October 2003, 3:49 pm | Powerco

Leading gas and electricity network company Powerco today signed an agreement with the State of Tasmania for the first phase of the stage two natural gas network rollout in Tasmania. More >>

WACC "out of whack with reality"

Friday, 26 September 2003, 4:36 pm | Powerco

The nation’s second biggest electricity network company, Powerco, today raised concerns that the Commerce Commission’s indicative range for the Weighted Average Cost of Capital (WACC) is “out of whack with business reality”. More >>

Powerco Raises US$175 Million in US Debt Market

Wednesday, 24 September 2003, 10:00 am | Powerco

Energy utility company Powerco announced today that it has raised US$175 million in a private placement of 11-13 year term senior debt to US institutional investors. More >>

Info economy could be starved of electricity

Monday, 1 September 2003, 9:04 pm | Powerco

A study by The United States Energy Agency (EPRI) which found that the American electricity network is unable to handle the energy needs of an advanced digital economy has dire implications New Zealand, according to Powerco Chief Executive Steven Boulton. More >>

Over-regulation a factor in US, UK blackouts

Friday, 29 August 2003, 9:24 pm | Powerco

The Chief Executive of Powerco, Steven Boulton, today said New Zealand must learn from recent blackouts in the US and the UK that onerous regulation which commercially straight-jackets electricity network companies will lead to network failure. More >>

Energy Research Centre does Government's job

Wednesday, 27 August 2003, 8:45 am | Powerco

Powerco has welcomed the creation of an energy research centre based at the Auckland Business School, saying it would undertake a task desperately needed in New Zealand. More >>

Energy Research Centre does Government's job

Tuesday, 26 August 2003, 2:16 pm | Powerco

Powerco has welcomed the creation of an energy research centre based at the Auckland Business School, saying it would undertake a task desperately needed in New Zealand. More >>

Powerco’s Credit Rating Reaffirmed

Tuesday, 26 August 2003, 9:39 am | Powerco

Energy utility company Powerco today announced that Standard & Poor’s reaffirmed its credit rating as a stable BBB+/A2 at the conclusion of its annual review this month. More >>

   

 
 
 
 
 

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