Contact to support Tiwai expansion
1 May 2018
Media release: Contact to support Tiwai expansion
Contact Energy today announced it has signed a financial contract with Meridian Energy to supply a
portion of the additional 50 MW that will be sold to New Zealand Aluminium Smelters (NZAS).
The contract will facilitate additional production at Tiwai Point in Southland, with NZAS starting up a
fourth potline at the smelter.
“We are pleased to be able to support greater production at Tiwai,” said Contact Energy CEO Dennis
Barnes. “This is a clear example of how Contact uses its renewable generation to support the
production of premium export products, in this case low-carbon aluminium.”
ENDS
Investor enquiries:
Matthew Forbes
021-072-8578
Matthew.Forbes@contactenergy.co.nz
Media enquiries:
027-474-6065, or
027 251 9849
About Contact
Contact Energy is one of New Zealand's largest listed companies. We keep the lights burning, the hot
water flowing and the BBQ fired up for over half a million homes and businesses across New
Zealand. We’re committed to a sustainable, low carbon energy future for New Zealand. To us, this
means balancing our commitment to lower carbon, renewable energy, while maintaining reliable
economic access to energy for our customers. We generate electricity from hydro, geothermal and
gas and have one of the most flexible generation portfolios in the country. www.contact.co.nz
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Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- MEL — Meridian Energy Limited: Tiwai Point expansion supported by renewable energy2018-05-01
“PG 1 Tiwai Point expansion supported by renewable energy 1 May 2018 Meridian Energy has signed a contract* with New Zealand Aluminium Smelters (NZAS) to agree the price of electricity for an additional 50 MWh per hour (438 gigawatt hours per year) at Tiwai Point in Southland…”
- MEL — Meridian Energy Limited: Meridian Energy NZX retail investor presentation2018-07-25
“6 12% of New Zealand’s total annual demand •CfDcontract with Meridian on NZAS perpetual 12-month termination right •International aluminium is recovering, LME prices up 13% in the last year •Additional 50MW contract signed •Aluminium remains a commodity exposed to cycles and C…”
- SPN — South Port New Zealand Limited: South Port NZ Ltd Interim Result2018-02-07
“3 3 “Of these top four, MSC is an important weekly caller to the Port with the Capricorn Service providing a valuable import/export link for all Southern region customers. This year represents an important milestone for this customer recognising the 10…”