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03 AUG 2015
Contact Energy Limited (Contact) announced today that it has signed a financial contract with Meridian Energy which forms a portion of the electricity required by New Zealand Aluminium Smelters to operate its Tiwai smelter with the following key terms: 80MW Minimum of 4 years and a maximum of 14 years commencing 1 January 2017 Provision of associated risk management from Meridian to Contact under certain limited circumstances
“We are pleased that we have been able to support the continued production of aluminium at Tiwai", said Dennis Barnes, Contact’s Chief Executive.
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For independent complaint or pricing advice, click here. UDL & Powerswitch can help.
To read our Residential Consumer Care policy on how we'll keep you safe and connected, click here.