Dalliance turns into debacle for lines company Electra
After investing in a small Kerikeri retirement village development, the Horowhenua utility has had its attempt to exit rejected by the statutory supervisor.
An investment outside its core business has turned into a debacle for community-owned lines company Electra after its attempt to sell a retirement village was blocked by the statutory supervisor.
Electra, owner and operator of electricity lines in Kapiti and Horowhenua, bought 49.9% of the Quail
