Govt measures seen as positive for power companies
Shares rise for the big four gentailers but business groups see a missed opportunity.
The Government’s adjustments announced this morning leave the market mostly unchanged.
Shares in the four big listed electricity companies gained on the NZX after the Government’s announcement of minor regulatory adjustments this morning.
By early afternoon Meridian was the biggest riser, up 3.2% on turnover of $3.7 million, followed by Genesis, Mercury and Contact with gains of
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