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Hot Topic EARNINGS
Hot Topic EARNINGS
General Business
8 mins to read

Energy company fails after NBR Rich List family exits for $1

Shape Energy was sold by the Fukutake family office in July last year, despite its commitment to holding companies for the ‘extreme long term’.

Energy infrastructure company Shape Energy has been placed into receivership, six months after interests associated with one of New Zealand's wealthiest families sold the business for a dollar.

Shape Energy, formerly known as Shape Group, was a roll-up of a handful of smaller companies and

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Nicholas Pointon Thu, 19 Feb 2026
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Energy company fails after NBR Rich List family exits for $1
General Business,
112935
true