Genesis Energy (ASX: GNE) — Company Overview, News & Financial Data
Genesis Energy is a New Zealand electricity generator and retailer, focused on renewable energy projects and sustainable practices.
Genesis Energy
Genesis Energy is a New Zealand energy generator and retailer providing electricity, natural gas, LPG, and broadband services to residential and commercial customers nationwide. The company operates a diverse portfolio of generation assets including thermal, hydro, and wind power generation facilities, most notably the Huntly Power Station and the Tongariro, Waikaremoana, and Tekapo hydroelectric schemes. Genesis Energy also holds a 46% joint venture equity interest in the Kupe oil and gas field, supplying natural gas and LPG to domestic energy markets while developing solar and renewable projects to support New Zealand's energy transition.
Snapshot
Operations
Products and/or services of Genesis Energy
- Electricity Retail: Supplies electricity and digital energy management tools to hundreds of thousands of residential, commercial, and industrial customers across New Zealand through flexible pricing plans and dual-fuel energy packages.
- Thermal Power Generation: Operates the Huntly Power Station in the Waikato region, New Zealand's largest power generation facility by capacity, providing dual-fuel thermal generation utilizing natural gas and coal to ensure national grid stability.
- Hydroelectric Power Generation: Generates renewable electricity across major hydro schemes including the Tongariro, Waikaremoana, and Tekapo stations, leveraging extensive river catchments and storage reservoirs in both the North and South Islands.
- Natural Gas & LPG Supply: Retails piped natural gas and bottled LPG to residential and business customers nationwide, backed by LPG storage, distribution logistics, and automated cylinder refilling operations across regional networks.
- Oil & Gas Production Interest: Holds a 46% joint venture equity stake in the Kupe oil and gas field off the Taranaki coast, producing natural gas, light oil, and LPG for domestic processing and supply.
- Broadband & Telecommunications: Delivers high-speed fiber and fixed wireless broadband services bundled with energy plans, utilizing national fiber infrastructure and proprietary customer management software to serve residential dual-fuel accounts.
Genesis Energy executive team
- Mr. Malcolm JohnsChief Executive
- Ms. Julie AmeyChief Financial Officer
- Ms. Tracey Hickman M.A., MA (Hons)Chief Operating Officer
- Mr. Edward HydeChief Transformation & Technology Officer
- Mr. David PorterInvestor Relations Manager
- Graeme MuirGroup Manager Communications & Media
- Ms. Claire WalkerChief People Officer
- Mr. Stephen England-HallChief Revenue Officer
- Mr. Matthew Osborne B.Com., L.L.B.Chief Corporate Affairs Officer & Company Secretary