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Mixed feelings in NZ over ContactOrigin proposal

INITIAL New Zealand comment on the proposed merger of Contact Energy and its Australian majority shareholder Origin Energy has been negative, but some NZ energy industry insiders are now saying the complex matter deserves thorough investigation.

The merger was a hot topic of conversation at the 2006 National Power Conference in Auckland this week. Several analysts have said Origin needs access to Contact's strong cash flows and its low debt...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.