Declining foreign ownership of NZ equities and the unknown future of the Tiwai Point smelter are depressing power company stocks.
“If it ends up being $50 million a year, that goes quite a long way toward making the smelter profitable,” Andrew Harvey-Green says.
Jenny Ruth talks about Tiwai Point on NBR Radio and on demand on MyNBR Radio.
Every month since July last year, Meridian Energy, has reported increases in demand.
Jenny Ruth talks about Electricity demand on NBR Radio and on demand via MyNBR Radio.