New Zealand's Contact Energy gains on higher June electricity sales
21/07/2026 03:47
BUZZ-New Zealand's Contact Energy gains on higher June electricity sales ** Shares of Contact Energy CEN.NZ rise as much as 0.8% to NZ$9.27, their highest level in two weeks
** Energy retailer's customer business records June mass market electricity and gas sales of 495GWh, up from 410GWh from a year before
** Contracted wholesale electricity sales from co's wholesale business, including that sold to customer business, totalled 1,056GWh up from 810GWh in June 2025
** Unit generation cost from CEN's wholesale businees, which includes acquired generation was NZ$38.16/MWh, down from NZ$54.27/MWh, adds co
** Stock inched 0.1% higher this year, including the day's move
(Reporting by Sherin Sunny in Bengaluru)
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