Contact s improved first half a sign of greener things to come
15 Feb, 2021 04:00 PM
5 minutes to read
Contact Energy wants to build a new geothermal plant near Taupō and put its gas-burning assets under review. Photo / Grant Bradley
Contact Energy wants to build a new geothermal plant near Taupō and put its gas-burning assets under review. Photo / Grant Bradley
Contact Energy s move to a build geothermal plant near Taupō, while putting its carbon-heavy thermal assets under review, is being seen as a big sea change for the company. The company said it would undertake review of thermal assets under over the next few months and signalled a lower dividend payout, reflecting its growth aspirations.