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ComCom clears Contact's $1.86b Manawa buy

Regulator says after initial concerns it was satisfied the transaction would not lessen competition.

Manawa Energy owns 25 small hydro schemes across the country.

NBR Staff Wed, 07 May 2025

The Commerce Commission has cleared Contact Energy’s $1.86 billion proposed acquisition of hydro generator Manawa, saying it did not believe the deal would increase prices for consumers.

The competition regulator has been considering the deal since September last year and initially had concerns,

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NBR Staff Wed, 07 May 2025
Contact the Writer: editor@nbr.co.nz
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ComCom clears Contact's $1.86b Manawa buy
Investment,
108932
true