contactenergy

About

Contact Energy Limited is a prominent energy generator and retailer in New Zealand. Established in 1996 following the partitioning of the Electricity Corporation of New Zealand (ECNZ), the company has grown to become the second-largest electricity generator in the country. Contact Energy plays a crucial role in New Zealand's energy sector, serving over 600,000 customer connections with electricity, natural gas, broadband, and mobile plans. The company operates a diverse portfolio of 11 power stations across New Zealand, utilizing geothermal, hydro, and thermal energy sources. A significant portion of its electricity generation, around 80-85%, comes from renewable hydro and geothermal stations, underscoring its commitment to a sustainable energy future. Contact Energy is dedicated to leading the decarbonisation of New Zealand and aims for its generation operations to be net-zero by 2035. This commitment is reflected in its ongoing development of renewable energy projects, such as the Tauhara geothermal project. The company's strategy focuses on building new renewable energy capacity to meet the growing demand driven by the electrification of carbon-intensive industries. Beyond its generation activities, Contact Energy is also active in the retail electricity and gas markets and provides wholesale natural gas. The company is headquartered in Wellington, New Zealand, and is publicly listed on the NZX and ASX. Contact Energy emphasizes its connection and commitment to the communities in which it operates, striving to be a responsible and positive presence. The company values diversity and inclusion, ensuring its leadership and workforce reflect the diverse society of New Zealand.