Contact Energy Limited is a New Zealand electricity generator and retailer that also sells piped gas, bottled gas and broadband. Ordinary shares in Contact Energy (CEN) are traded on the New Zealand Exchange (NZX).
Here’s how Kiwi investors can buy CEN shares on the NZX.
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Contact Energy was founded in 1996 after acquiring assets from the government-owned Electricity Corporation of New Zealand Ltd (ECNZ). It’s now one of the country’s largest electricity generators and listed companies.
The company owns and operates 11 power stations, with up to 85% of its electricity produced from renewable hydro and geothermal stations. It’s also a retailer of electricity, gas and broadband, and boasts in excess of 550,000 customers.
Headquartered in Wellington, Contact Energy employs approximately 1,000 people throughout New Zealand.
Contact Energy released its full-year results for the 2020 financial year in August 2020. Key results in the report included:
|Name||Contact Energy Limited||Industry||Utilities-Independent Power Producers|
|Type||Ordinary shares||Date listed on NZX||11 May 1999|
|End of financial year||June||Chief executive officer||Mike Fuge|
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