Contact Energy Limited is a New Zealand electricity generator, a wholesaler of natural gas, and a retailer of electricity, natural gas, broadband and LPG.
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14 Facts About Contact Energy
2.
Contact Energy owns and operates five geothermal power stations near Taupo, natural-gas turbine facilities at Hamilton and at Stratford in Taranaki, two hydroelectric dams on the Clutha River, and a diesel fuelled station near Napier.
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3.
Contact Energy originated with the partitioning of the Electricity Corporation of New Zealand in 1996, and publicly listed in 1999.
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4.
Contact Energy was incorporated on 8 November 1995 and became a state-owned enterprise on 18 November 1995.
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5.
Contact Energy acquired the retail bases of Top Energy, Counties Power, Eastland Network, Unison, Electra, Network Tasman, MainPower, Alpine Energy, Aurora Energy, the Power Company and Electricity Invercargill.
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6.
Edison Mission Contact Energy sold its shareholding to Origin Contact Energy in 2004, following financial difficulties elsewhere in its business.
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7.
Contact Energy said this was the worst blow to its reputation in the company's history.
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8.
In 2001, Contact Energy decommissioned the FT4 twinpac open cycle power stations on the Stratford and Whirinaki sites, and sold the generating equipment offshore.
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9.
Contact and Origin Energy developed a gas storage facility at the depleted Ahuroa reservoir in Taranaki.
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10.
In 2012, Contact Energy decided not to proceed with hydro developments on the Clutha River, at Queensbury, Luggate, Tuapeka and Beaumont.
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11.
In 2016, Contact Energy allowed its consent for the Waitahora Wind Farm near Dannevirke in the Tararua district to lapse, meaning the farm would not be built.
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12.
In 2017 Contact Energy started selling broadband Internet access, via both fibre-optic and copper lines, bundled with other services.
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13.
In 2020 Contact Energy started using network services company Devoli as provider of the broadband service that Contact Energy resells.
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14.
In 2021, Contact Energy decided to proceed with development of the $580m Tauhara geothermal project.
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