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.
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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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