Contact Energy Limited logo

Tauhara commissioning progress update

Operational Update27 March 2024CENUtilities

Contact Energy Limited Level 2 Harbour City Tower, 29 Brandon Street, Wellington 6011 | PO Box 10742, Wellington 6143
P: +64 4 499 4001 | W: contactenergy.co.nz




28

th

March 2024


Tauhara commissioning progress update


Commissioning works at Contact’s Tauhara geothermal plant have been progressing well,

with remedial work to the steam separation plant successfully completed.


Power station commissioning activities are expected to commence shortly, with first

synchronisation to the system occurring in late April / early May 2024 at the earliest. After

completion of power station testing activities, the 30-day reliability run required to support

commercial operations could begin in late May 2024.


Contact maintains its expectation that Tauhara will be online at an initial capacity of at least

152MW in Q3 2024 and notes that a range of timing outcomes within the quarter remain

possible. This reflects the potential discovery of latent commissioning issues in the next

stage of power station testing, as can be expected during commissioning. Within that

context, this progress announcement seeks to highlight the possibility that Tauhara could be

online for winter 2024.


The project team continues to work tirelessly to accelerate the Tauhara commissioning

timeline to deliver this worldclass geothermal project. Seeing Tauhara online will be a key

milestone in the delivery of Contact26, Contact’s strategy to lead the decarbonisation of New

Zealand.



- ends -









Investor enquiries

Shelley Hollingsworth

Investor Relations and Strategy Manager

+64 27 227 2429

shelley.hollingsworth@contactenergy.co.nz


Media enquiries

Louise Wright

Head of Communications and Reputation

+64 21 840 313

louise.wright@contactenergy.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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.