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How Contact Energy’s Manawa Deal and Geothermal Boost Power 13% Profit Rise
7:42am on Monday 18th of August, 2025 AEST
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Energy
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How Contact Energy’s Manawa Deal and Geothermal Boost Power 13% Profit Rise
7:42am on Monday 18th of August, 2025 AEST
Key Points
Underlying EBITDAF up 17% to NZD 774 million
Net profit rises 13% to NZD 261 million excluding one-off provision release
Manawa Energy acquisition completed, adding 25 hydro schemes
Tauhara and Te Huka 3 geothermal plants operational
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