Latest Contact Energy (NZX:CEN) News

Contact Energy's April 2026 report shows rising electricity and gas sales, improved margins, and lower generation costs, supported by strong hydro storage and ongoing renewable projects.

Contact Energy is set for a leadership shift as Chair Rob McDonald retires after eight transformative years, handing the reins to director Jon Macdonald, whose governance experience promises continuity amid ongoing renewable expansion.

Contact Energy Limited has issued 4.99 million shares at NZ$9.42 each as scrip consideration to acquire a stake in King Country Energy. The shares will be escrowed for 12 months, marking a strategic expansion without a capital raise from existing shareholders.

Contact Energy’s March 2026 report reveals a solid rise in electricity and gas sales alongside a notable decline in generation costs, driven by increased renewable output and strong hydro storage levels.