Who owns mighty river power

Special pages. Printable version. Permanent link. Page information. Cite this page. This page was last edited on 30 April , at Privacy policy. About Global Energy Monitor. It will soon be known just as Mercury. Electricity generator and retailer Mighty River Power is changing its name to Mercury, in a move that underlines the increasing retail focus of the country's largest power companies. The company was the first of three state-owned power companies to be partially privatised in the last term of the National-led government.

It has invested heavily in geothermal electricity plants, has closed its one gas-fired power station, at Southdown in Auckland, and is seeking industry leadership on the potential for New Zealand to switch much of its private vehicle fleet to electric cars.

The rebranding will occur progressively from later this year, with a new iteration of the Mercury brand, and would "bring the company's near century-long heritage together with our customer-driven innovation," said chief executive Fraser Whineray. One-off costs associated with the brand change would be offset by cost-savings by removing duplication and consolidating focus under the single Mercury brand.

Mighty River Power no more, now just Mercury. Mighty River Power is changing its name to Mercury. Mon, 02 May All Analysis. Stock Picks. All stock picks. My Portfolio. My Watchlists. Investment style. Investment themes. Top News. Top Fundamentals. Top Technicals. Top Movers. Investment selections. Technical Rankings. Fundamental Rankings.

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