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Powerco - Latest News [Page 5]
Powerco set to double its size
Tuesday, 10 September 2002, 11:21 am | Powerco
Powerco Chairman Barry Upson was pleased to announce today that Powerco Limited has signed an agreement to acquire certain Thames Valley and Bay of Plenty electricity assets and lower North Island gas assets of United Networks Limited (UNL). More >>
Build Regulatory Regime To Suit NZ Circumstances
Wednesday, 24 July 2002, 1:42 pm | Powerco
In Powerco’s presentation today to the Commerce Commission hearings on price control for electricity lines businesses, it urged the Commission to focus on delivering a regulatory regime best suited for the particular circumstances in New Zealand. More >>
Powerco delivers positive outcome
Friday, 19 July 2002, 9:00 am | Powerco
Powerco’s commitment to sustainable operational performance and strong focus on growth in 2002 and beyond, was reconfirmed today by Chairman, Mr Barry Upson at the company’s annual meeting. More >>
Chairman’s Address 2002 Annual Meeting
Friday, 19 July 2002, 8:59 am | Powerco
The past 12 months has been another year of intense activity for your Board, management and employees. Following on from the successful amalgamation of the former Powerco and CentralPower and the subsequent main board listing on the New Zealand Stock Exchange ... More >>
Powerco Capital Bond Issue Closes Fully Subscribed
Thursday, 30 May 2002, 3:56 pm | Powerco
Powerco Chairman Barry Upson announced today that the issue of $100 million Capital Bonds closed on 29 May, fully subscribed. More >>
Regulation Model “Cheaper, Simpler, Fairer”
Wednesday, 29 May 2002, 2:44 pm | Powerco
Electricity lines company Powerco today outlined a proposal for an electricity sector regulation model which would be cheaper, fairer and simpler for consumers, the industry and the taxpayer. More >>
Powerco Expands Australian Operations
Thursday, 23 May 2002, 6:58 pm | Powerco
Powerco today announced plans to further expand its electricity service operations in Australia, by purchasing three field service businesses based in southeast Queensland for a value of approximately $A7.5 million ($NZ 10 million). Total annual revenue ... More >>
Strong Interest In Applications For Capital Bonds
Tuesday, 21 May 2002, 8:57 am | Powerco
Powerco Chairman Barry Upson today reported strong interest in and demand for Powerco’s Capital Bonds. More >>
Powerco Shareholders Approve Bonds Issue
Friday, 3 May 2002, 1:53 pm | Powerco
At a special meeting in New Plymouth today, Powerco shareholders approved the issuing of up to $100 million of Capital Bonds. More >>
Powerco Announces Another Solid Result
Thursday, 11 April 2002, 2:08 pm | Powerco
Powerco Chairman Barry Upson today announced an audited operating surplus after tax of $33.0 million for the 12 months ended 31 March 2002 which is consistent with the forecast released by the company in October 2001. More >>
Powerco To Issue $100 Million Of Capital Bonds
Thursday, 4 April 2002, 2:40 pm | Powerco
Powerco today confirmed that it intends to issue up to $100 million of capital bonds to New Zealand investors. More >>
Electricity Asset Valuation Approved
Thursday, 28 March 2002, 1:42 pm | Powerco
Powerco announced today that the Commerce Commission has approved their revised electricity asset valuation report. More >>
Powerco calls for consistent regulation
Tuesday, 12 March 2002, 10:26 am | Powerco
Powerco today called for consistent regulation to be applied across the whole electricity sector – extending beyond just distribution companies and taking in retailers and generators as well. More >>
Appointments For POWERCO Capital Bond Issue
Friday, 15 February 2002, 10:24 am | Powerco
Chairman Barry Upson recently announced that Powerco intends to launch a $100M capital bond issue in the New Zealand market in the first half of this year subject to shareholder approval. More >>
Capital Bond Issue
Thursday, 7 February 2002, 4:15 pm | Powerco
Chairman Barry Upson announced today that Powerco intends to launch a $100M capital bond issue in the New Zealand market in the first half of this year subject to shareholder approval. More >>
Powerco Discussions With Eastern Bay Energy Trust
Friday, 16 November 2001, 4:33 pm | Powerco
On 5 October 2001 Powerco and the Eastern Bay Energy Trust (EBET), the two largest shareholders in Horizon Energy Distribution Limited (HED), announced that they were discussing the possibility of making an offer for the remaining shares in HED. EBET ... More >>
Powerco Announces Half Year Profit Of $ 17.6 Mn
Thursday, 18 October 2001, 5:16 pm | Powerco
Powerco Chairman Barry Upson, today announced a net profit after tax of $17.6 million for the six months ended 30 September 2001, from revenue of $77.8 million. He added that in view of the increased profitability for the current year, the full year forecast ... More >>
