Contact Energy (ASX: CEN) — Company Overview, News & Financial Data
Contact Energy is New Zealand's largest electricity generator, offering geothermal, hydro, gas, and wind power solutions.
Contact Energy
Contact Energy is a New Zealand energy generator and retailer headquartered in Wellington. The company generates electricity through a combination of geothermal power stations in the Taupō region, hydroelectric facilities along the Clutha River, and thermal power plants in Taranaki. It provides electricity, natural gas, LPG, broadband, and mobile services to over 500,000 customer connections nationwide. Additionally, it sells electricity on the wholesale market and supplies large industrial users. Contact Energy is actively expanding its renewable energy generation portfolio through major geothermal expansion projects, battery storage, and solar power developments across Aotearoa New Zealand.
Snapshot
Operations
Products and/or services of Contact Energy
- Geothermal Generation: Operation of renewable base-load geothermal power stations located in the Taupō region, including the Wairakei, Te Mihi, Ohaaki, and Tauhara plants, generating thousands of gigawatt-hours of clean electricity annually for the national power grid.
- Hydroelectric Generation: Operation of flexible hydro generation assets along the Clutha River in the South Island, including the Clyde Dam and Roxburgh Dam facilities, providing significant renewable capacity and energy storage to support peak electricity demand nationwide.
- Thermal Generation: Operation of gas-fired thermal facilities at the Stratford power station complex in Taranaki, providing essential fast-start peaking and firming capacity to maintain national electricity system stability during low renewable generation periods.
- Retail Electricity and Gas: Sales and distribution of electricity, piped natural gas, and bottled LPG to more than 500,000 residential, commercial, and industrial customer connections across the North and South Islands of New Zealand.
- Telecommunications Services: Provision of residential and commercial fixed-line fiber optic broadband, wireless internet services, and mobile telecommunications plans, marketed individually or bundled directly alongside energy accounts for consumer accounts across the country.
- Renewable Energy Growth Projects: Development and construction of utility-scale renewable energy infrastructure, including battery energy storage systems, grid-scale solar farms, and geothermal plant expansion projects to replace thermal generation assets.
Contact Energy executive team
- Mr. Michael Fuge BEng (Hons), MCom (Hons), MIPENZChief Executive Officer
- Mr. Matthew ForbesChief Financial Officer
- Ms. Shelley HollingsworthActing Head of Corporate Finance & Investor Relations and Strategy Manager
- Mr. Tighe WallChief Technology Officer
- Ms. Kirsten ClaytonGeneral Counsel & Company Secretary
- Louise WrightHead of Communications & Reputation
- Ms. Jan BibbyChief People Experience Officer
- Mr. Dorian Kevin Thomas Devers A.C.M.A., B.Sc., BSc (Hons)Chief Renewable Growth Officer
- Mr. John ClarkChief Generation Officer
- Mr. Chris AbbottChief Corporate Affairs Officer