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How Genesis Energy’s $400m Raise Fuels Renewable Growth and Market Flexibility

7:44am on Monday 23rd of February, 2026 AEDT Energy
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How Genesis Energy’s $400m Raise Fuels Renewable Growth and Market Flexibility

7:44am on Monday 23rd of February, 2026 AEDT
Key Points
  • Record H1 FY26 normalised EBITDAF of NZ$307 million, up 38%
  • NZ$400 million equity raise comprising NZ$100 million placement and NZ$300 million rights offer
  • Key renewable projects: Edgecumbe solar FID, Rangiriri solar acquisition, Mt Cass wind PPA
  • Maintained BBB+ credit rating with stable outlook
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