Genesis Energy Limited (NS)
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About Genesis Energy Limited (NS)
Genesis Energy is a large NZ electricity generator/retailer producing ~7,000GWh of electricity from its hydro and thermal power stations. It owns the only coal fired power station in NZ (which is a core asset to reduce dry year risk), a large gas-fired power station and several hydro power stations in the North and South islands. It is NZ's largest energy retailer, retailing electricity, gas & LPG to ~665,000 customers under its Genesis Energy and Energy Online brands and has a relationship with SPK to resell broadband services. It also owns 46% of the producing Kupe oil and gas field, taking 100% of Kupe gas to sell and/or use in its power stations.
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