MARKETS

Contact Energy and Genesis sign 15-year supply agreement

ASX-listed Contact Energy today announced it has executed a long-term purchase agreement with counterpart Genesis Energy, to supply the latter with renewable electricity from 2025 to 2040.

Jonathon Davidson

62.5MWpa. supply begins 2025

The agreement, which sees Genesis receive 62.5MW per annum for the first 10 years, locks in over one third of Contact total power output capacity from its 152MW Tauhara geothermal power station in New...

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