FilingReader Intelligence

Genesis extends Huntly Power Station life until 2035

August 3, 2025 at 08:40 PM UTCBy FilingReader AI

Genesis, Mercury, Meridian, and Contact have signed agreements to establish a strategic energy reserve at Huntly Power Station, subject to Commerce Commission review.

The agreements include 10-year Huntly Firming Options covering 150 MW and support a 600,000-tonne solid fuel reserve. Genesis will keep one Rankine unit in service until 2035, previously set for decommissioning in February 2026, requiring significant investment.

The options are intended to be available to all market participants from January 1, 2026.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

NZX:GNENew Zealand Exchange

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