Manawa Energy Ltd

MNW: XNZE (NZL)
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NZD 8.80JcwtpdMyzzdjp

Manawa’s Growth to Be Driven by Electricity Price Increases and Investment in Generation

Business Strategy and Outlook

Manawa is New Zealand's fifth-largest generator behind Contact Energy, Mercury NZ, Meridian, and Genesis. Like Meridian and Mercury, Manawa generates close to 100% of electricity from renewable resources. It owns 26 relatively small hydroelectric schemes in New Zealand, producing about 1,940 gigawatt hours of electricity in an average rainfall year. The firm's wind farms and retail business were divested.

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