Mercury focuses on future after ‘challenging’ year
Gentailer forecasts $1b operating profit in 2026 after low hydro generation drags 2025 result.
Mercury is building more generation at Kaiwera Downs wind farm.
The spectre of government intervention loomed large over electricity generator and retailer Mercury’s annual result, released as the Electricity Authority announced measures aimed at boosting market competition.
On a conference call with analysts this morning, Mercury chief executive Stew Hamilton
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