Contact Energy
Contact Energy Limited (NZX: CEN) is a New Zealand electricity generator, natural gas wholesaler and electricity, natural gas, and LPG retailer.
The company is the second-largest electricity generator in New Zealand (after Meridian Energy), generating 22% of electricity in the year ending 31 December 2011, and has the second-largest market share of electricity retailers (after Genesis Energy). Contact owns and operates eleven power stations in New Zealand with a generation portfolio made up of geothermal, hydro and natural gas assets. Contact Energy's power stations consist of three gas turbine facilities, in Auckland, Hamilton and Taranaki; four geothermal stations north of Taupo; two hydroelectric dams on the Clutha River; a gas fired peaker in Taranaki and a diesel fired peaker in Hawkes Bay.
Contact originated with the partitioning of the Electricity Corporation of New Zealand in 1996, and publicly listed in 1999. The Australian energy company Origin Energy holds a 52% shareholding in Contact.
Read more about Contact Energy: History, Power Stations
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