Unwind of Manawa’s cheap power deal ‘unlocks value’ for Contact
Gentailer sees significant upside from Manawa acquisition when its supply contract with Mercury resets to market price.
Contact Energy chief financial officer Dorian Devers.
The expiry of Manawa Energy’s low-priced contracts for the sale of electricity to Mercury will unlock significant value for its buyer Contact Energy, chief financial officer Dorian Devers told analysts today.
On a conference call to discuss Contact’s $1.86 billion acquisition of hydro generator
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