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Mighty river power

Mighty River faces multi-million dollar Marsden B asbestos claim

PACKED UP: The Marsden B power station has been cleared off the site

MightyRiverPower pays $74.8M interim dividend, lifts guidance

CEO Doug Heffernan: backdrop of "nil growth in demand”

The first state-owned energy company slated for partial sale posted a 14% gain in first-half underlying earnings, lifted its interim dividend to $74.8 million, and raised its full-year guidance.

James Miller joins MRP board, leaves Vector

One of the country’s most experienced electricity industry analysts and governors, James Miller, has been appointed to the board of MightyRiverPower ahead of its partial privatisation later this year, prompting his departure from the board of network company Vector.

Partial privatisation bill introduced - with Treaty provision included

Maori Party co-leader Pita Sharples

A victory for the Maori Party legislation for opening up four state owned enterprises to private investment is unveiled.

Treasury appoints marketers for Mighty River Power IPO

Treasury appoints suppliers to push energy company's partial float.

Lead managers appointed for Mighty River Power IPO

Goldman Sachs New Zealand, Macquarie Capital New Zealand and First New Zealand Capital / Credit Suisse Australia will project manager the sale of a minority shareholding in Mighty River Power.