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© 2017 Trustpower
Whenever we release news about Trustpower and our operations, you’ll find it here. For example, news may include: our latest business performance; progress in a new project; additions to our team; current issues in power or telecommunications; and so on.
Trustpower releases its operating statistics for the year ended 31 March 2017.
Updated at 10.30am on Thursday 13 April 2017.
Trustpower continues to lower the lake level at the Matahina Dam, in line with Bay of Plenty Regional Council’s guidance, and ahead of the threat of Cyclone Cook expected to hit parts of New Zealand later this week.
Trustpower Limited ("Trustpower"), through its subsidiary King Country Energy Holdings Limited ("KCEHL"), is a 65% shareholder of King Country Energy Limited ("KCE"). KCE is an electricity generator and retailer based in Taumarunui, King Country.
Update on implementation of the Demerger, the Redemption of quoted Trustpower Bonds and New Trustpower's offer of senior bonds
Trustpower is pleased to advise that the suspension of the electricity market in South Australia has been lifted and the Spot Market has resumed normal operations.
Trustpower has today published the demerger scheme booklet in order to provide shareholders with the necessary information to allow them to vote on the demerger proposal, as well as a presentation that outlines the proposed demerger.
Trustpower Limited (NZX: TPW) has previously advised of its proposed demerger to create two new companies.
Trustpower Limited First Quarter Operating Results for the Three Months Ended 30 June 2016
Today the Supreme Court has released its judgment against Trustpower in relation to a dispute between it and the Inland Revenue in relation to the tax treatment of feasibility expenditure incurred in the 2006 to 2008 financial years.