Yealands drives another loss for Marlborough Lines
Debt owed by the wine business has been transferred to the electricity distributor after a covenant breach.
A Yealands vineyard in Marlborough.
Tim Hunter
Mon, 17 Nov 2025
Debt owed by the wine business has been transferred to the electricity distributor after a covenant breach.
A Yealands vineyard in Marlborough.
Electricity distributor and winemaker Marlborough Lines has reported a second consecutive loss and a debt restructure as weak wine prices hit its Yealands subsidiary.
The community-owned utility reported a loss of $5.7 million for the year to June, an improvement on its $17m loss a year
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