Genesis News

In response to COVID-19, Genesis is well prepared to continue providing essential energy services to New Zealand. At times like this, the biggest contribution we can make is to look after our people, customers and keep the lights on.

Genesis Energy (GNE) today announced that it delivered EBITDAF for the first half of $167 million, down $30 million on the pcp.

Genesis has announced its customer’s electricity bills will reduce commencing 1 April when it passes through up to $50m in annual lines savings. 

Genesis will recertify its Huntly Unit 2 coal and gas fired 250 MW Rankine in a backup role for the Huntly Power Station. Genesis currently has Unit 2 certified in a backup role, but is currently running Rankine Units 1 and 4, and gas units 5 and 6 only.

Genesis Energy is proud to announce that it has been awarded the YWCA’s GenderTick, an independently accredited certification that rewards New Zealand organisations that have made a commitment to Gender Equality in the workplace.

Genesis today announced it will be moving its Auckland office to 155 Fanshawe Street, in Auckland’s innovation hub, Wynyard Quarter.