Contact Energy
New Zealand electricity generating and retailing company / From Wikipedia, the free encyclopedia
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Contact Energy Limited is a New Zealand electricity generator, a wholesaler of natural gas, and a retailer of electricity, natural gas, broadband and LPG.
Company type | Public |
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NZX: CEN | |
Industry | Electricity generation Electricity retailing Natural gas wholesaling Natural gas retailing LPG retailing |
Founded | 1996; 28 years ago (1996) |
Headquarters | , |
Key people | Robert McDonald, Chair Mike Fuge, Chief Executive |
Revenue | NZ$2.57 billion (2021)[1] |
NZ$187 million (2021)[1] | |
NZ$185 million (2021)[1] | |
Total assets | NZ$5.03 billion (2021)[1] |
Total equity | NZ$2.93 billion (2021)[1] |
Number of employees | 945 (June 2021)[1] |
Website | www |
It is the second-largest electricity generator in New Zealand (after Meridian Energy), generating 23% of all electricity in 2014, and has the second-largest market share (22%) of electricity retailers (after Genesis Energy).[2] Contact owns and operates five geothermal power stations near Taupō, natural-gas turbine facilities at Hamilton and at Stratford in Taranaki, two hydroelectric dams on the Clutha River, and a diesel fuelled station near Napier.
Contact originated with the partitioning of the Electricity Corporation of New Zealand in 1996, and publicly listed in 1999.