Fraser Whineray
Mercury makes strong first half profit, revenue slightly weaker
The power company, Mercury, has made a strong first half net profit, helped by a rise in customers and wet weather. Audio
Mercury to test renewable energy at former Southdown plant
The Auckland-based power company, Mercury, is moving into solar energy and battery storage technology. Audio
Mercury's FY profit beats expectations
Mercury, formerly known as Mighty River Power, has reported a strong annual profit ahead of market expectations, reflecting better operating earnings. Audio
Mighty River name to go
The name of the power company, Mighty River Power, will soon disappear. Audio
Mighty River Power sees opportunity amid intense competition
The power company, Mighty River Power, is confident it can find growth even though its revised down its full-year profit forecast in the face of an intensely competitive marketplace. Audio
Mighty River delivers profit, but revenue and expectations fall
Power company, Mighty River Power, has delivered a nine-fold increase in first half net profit, but revenue and full year profit expectations are down amid intense competition. Audio
Mighty River Power says pricing risks to profit cuts both ways
The power company, Mighty River Power, is sticking with the profit guidance it gave in August, even though lower wholesale prices and tough retail competition are generating some downside risk. Audio
Mighty River Power profit hit by record low hydro generation
Mighty River Power's full year net profit has tumbled 78 percent, due to in part to record-low hydro generation, although strong cash flows means it's increasing its full year dividend payout by half.
…Mighty River to close Southdown power station
Mighty River Power says the closure of its gas-fired Southdown power station should be financially neutral. Audio
Mighty River sheds big customers
Mighty River has lowered the guidance on its underlying full year operating profit to between 480 and 500 million dollars. Audio
Mighty River's first-half net profit falls 93%
Mighty River Power's first-half net profit has tumbled 93%, after it quit its international geothermal plans. Audio
Mighty River sees great future for geothermal
Mighty River Power says New Zealand has enough future geothermal capacity to run 3-million electric cars, but it isn't planning to build anymore plants until demand increases. Audio
Mighty River selling geothermal interests in Chile and Germany
Mighty River Power is selling its geothermal development interests in Chile and Germany, but will retain its United States-based geothermal investment. Audio
Mighty River Power looks to electric cars
Mighty River Power is looking for new ways to increase demand for its renewable energy, in the face of flat profits and intense competition. Audio
