Genesis Energy Limited (GNE): Acquisition of New Zealand Oil & Gas’ 15% Share of the Kupe Joint Venture

16.11.16

Genesis Energy is pleased to announce the acquisition of New Zealand Oil & Gas' ("NZOG") 15% share of the Kupe Joint Venture ("Kupe") for cash considerat...

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Genesis Energy Limited (GNE): Executives appointed to lead change

09.09.16

With its direction firmly set on creating enduring relationships with customers through digital services and energy innovations, Genesis Energy has announced the appointment of two key custome...

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Genesis Energy Limited (GNE): Core business provides for future growth

24.08.16

Against a market back drop of high competition for customers, reduced oil and gas prices and above average temperatures, Genesis Energy released its full year results for the twelve months end...

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Genesis Energy Limited (GNE): Executive team reshaped for a dynamic energy future

28.07.16

Today, Genesis Energy's Board of Directors and Chief Executive Officer, Marc England, announced a comprehensive reshaping of its Executive Team. Marc said the Company is entering into a new er...

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Genesis Energy Limited (GNE) – Rankine units operational life extended

28.04.16

Genesis Energy and other electricity generators have entered into contracts that will keep the two coal/gas fired Rankine Units at the Huntly Power Station available to the electricity market ...

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Genesis Energy Limited (GNE) – Q3 2016 Operational Performance

27.04.16

Genesis Energy continued to increase its total electricity, gas and LPG customer accounts in the Third Quarter (Q3) of the Financial Year 2016 despite intense competition and an increasing num...

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Five more years for Whio Forever

05.04.16

Genesis Energy and the Department of Conservation today announced the successful predator control and advocacy programme for the endangered whio (native blue duck) will continue for another fi...

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Genesis Energy Limited (GNE): Delivering sound results

25.02.16

  • EBITDAF up 1.5% to $175.5 million from $172.8 million
  • Generation output up 2.9% with strong North Island hydro performance
  • Customer account numbers grew
  • ...

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Genesis Energy Limited (GNE): Q2 2016 Operational Performance

28.01.16

A continued focus on delivering smart, simple services and attractive offers for new customers helped Genesis Energy grow its electricity customer account base in the Quarter ending 31 Decembe...

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Genesis Energy Limited (GNE): New Chief Executive appointed

14.12.15

Genesis Energy has announced that Marc England has been appointed Chief Executive Officer and will take up the role in May 2016.

Genesis Energy Chairman, Dame Jenny Shipley, said Mr. ...

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Genesis Energy Limited (GNE): Chief Executive to Retire in June 2016

25.08.15

The Board of Genesis Energy today announced that the Company's Chief Executive, Albert Brantley,has indicated his intention to retire from the Company by 30 June 2016.

Genesis Energy ...

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Genesis Energy Limited (GNE): Strong result in challenging conditions

25.08.15

Against the backdrop of variable weather conditions, sustained retail competition, a subdued wholesale market and declining oil prices, Genesis Energy's diverse portfolio allowed it to post a ...

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Genesis Energy Limited (GNE): Exits Coal Contract

20.08.15

Genesis Energy announced today that it has exercised its right under the terms of its Coal Supply Agreement with Solid Energy to terminate that agreement. Exercising this right does not incur ...

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Genesis Energy Limited (GNE) announces timetable to end coal-fired generation in New Zealand

06.08.15

Genesis Energy announced today that its last two coal-burning electricity generators at the Huntly Power Station will be permanently withdrawn from the market by December 2018, signaling the e...

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Genesis Energy Limited (GNE) – Second stored coal unit to retire

29.06.15

Genesis Energy announced today that it is permanently retiring a second 250MW coal/gas fired Rankine unit at the Huntly Power Station, effective 30 June 2015.

A Rankine unit has been ...

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Genesis Energy Parks Power Prices

24.02.15

With winter just a few months away, Genesis Energy today pledged to park its electricity prices this year.

Genesis Energy Chief Executive Albert Brantley made the pledge this morning ...

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Genesis Energy Limited (GNE) – Sound performance in first half

24.02.15

Despite highly competitive electricity and gas retail market conditions, Genesis Energy delivered a sound financial performance in the six months to 31 December 2014.

Net profit impro...

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Diverse portfolio delivers result for Genesis Energy

27.08.14

Genesis Energy completed a milestone year with a successful listing on the New Zealand and Australian stock exchanges, completion of the Tekapo Canal works programme and delivery of better tha...

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Genesis Energy Limited (GNE) – hedge contract agreed with Meridian Energy

08.07.14

Genesis Energy has signed a "swaption" electricity hedge contract to provide dry year cover for Meridian Energy for four years from 1 January 2015.

The 150MW swaption follows on from ...

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Genesis Energy awards single contract for engineering consultancy

24.06.14

Genesis Energy Limited (GNE) today signed an Engineering Consultancy Services Agreement (ECS) with fully integrated infrastructure and support services firm AECOM.

The ECS agreement c...

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